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.
Rental growth finally slows in prime London’s lettings market
November's annual rate of 6.9% was the lowest seen since September 2021, reports LonRes.
Prime London rental growth returns to single digits as market ‘re-balances’
There was no monthly change to average rents in either PCL or POL in October, the first time they have been flat since April 2021.
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.
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