‘Rental stock slump is close to bottoming out’ – Hamptons
City centre rents are rising fast as stock levels drop, says Hamptons, although the national headline rate of rental price inflation continues to ease.
Rental prices surge up, but growth ‘will start to ease’ in the coming months
The average London rent bill has risen 15.7% in the last year, reports Zoopla.
Private rental stock has dropped by half since 2019 as landlords exit the market
Estate agency branches had an average of 15.6 properties available to rent in March this year, says Propertymark, down from 30.4 in March 2019.
‘There is mounting evidence that rental growth is picking up steam’ – Hamptons
Landlords accounted for one in every six agreed sales last month, as investors rush to take advantage of the Stamp Duty holiday in a small-scale re-run of 2016.
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