Rents rise for FIFTH month in a row as ‘summer surge’ begins
Rents rose for the fifth month in a row during May, while voids held steady at 21 days. Year on year, rents are up 3.7%.
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Rents rose for the fifth month in a row during May, while voids held steady at 21 days. Year on year, rents are up 3.7%.
Rents rose for the fourth month in a row during April, while voids held steady at 21 days. Year on year, rents are up 4.2%.
Rents rose again during March, with prices increasing for the third month in a row. Year-on-year, rents are now tracking 4.6% higher per property.
Average rents rose across England during February and voids shortened across all regions monitored. Spring will likely see an uptick in tenant demand.
Rents were up by 4.6% year-on-year in January 2025, while month-on-month rents were up 2%. The 24-day void period is the longest since April 2021.
Rents in England dipped again in December, the fifth consecutive month of rental cost reductions. The decline follows a record-breaking summer of rises.
England's rental market continued to settle in November, with average rents down 3% since October, and year-on-year increases again falling to a new annual low.
The rental market in England cooled significantly in October, with monthly rents down by over 12% and year-on-year increases falling to an annual low.
Once again, rents across England remain high in September. For the third month in a row, rents have broken the £1,400 barrier across the country.