Traditional seasonal trends return to the rental market as ‘landlords remain confident in London’s unfailing appeal’
Tenant demand has fallen sharply in the last month, prompting Foxtons to herald 'a shift towards a more balanced market' in the capital.
London rental market ‘begins to normalise’ as supply grows 10%
But 'we’re not back to a normal seasonal market just yet,' says Foxtons, as rental prices remain at records highs.
London leads rental market deceleration
The blistering pace of rental price growth has cooled in the last month, reports Hamptons.
‘Bottleneck’ continues in London’s rental market as demand remains high and supply low
'Renters may need to change tactics in the coming year, setting aside more time for their property search and preparing to move fast when they see something they like,' says Foxtons.
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Monday Market Review: Key figures & findings from the last seven days
Your essential back-to-school briefing, featuring data, forecasts and analysis from Beauchamp Estates, Savills, Hamptons, Lloyds Bank, Nationwide & more...