Rental values fall in prime London as supply returns to ‘more normal levels’
But Knight Frank's Tom Bill warns of growing uncertainty in the lettings sector.
Rental demand will continue to outweigh supply this year in Prime London – Knight Frank
'It won’t become a tenants’ market any time soon,' writes Knight Frank's Tom Bill, as the firm's latest PCL index tells of continued double-digit rental growth.
Rising stock levels put the brakes on Prime London rental growth
At the end of 2023, there were 60% more properties available to let compared with a year earlier.
‘Normal trading conditions’ return to London’s prime rental market
'The meteoric rental value growth seen in recent years has calmed down,' says Knight Frank.
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