Prime London rental stock is still in short supply
Even after a 25% increase last month, available stock levels remain around 57% below the typical pre-pandemic level for this time of year, reports LonRes.
Available rental stock up 28%, reports London agency
Chestertons has seen a welcome improvement in supply levels, compared to last year - but demand is still running high.
Rents still rising in Prime London’s stock-starved lettings market
The pace of growth has slowed, but values are currently 25 to 30% above where they were pre-pandemic.
Is Prime London’s red-hot rental market cooling off?
Supply & demand are still well out of kilter, but discounts and price reductions are increasing.
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