Rents remain sky high with new regional records set
Rents generally dropped, but some areas set regional records in August, while voids increased to 15 days. Year on year, rents are up 3%.
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Rents generally dropped, but some areas set regional records in August, while voids increased to 15 days. Year on year, rents are up 3%.
Rents reached a 6-year high in July, while voids dropped to 12 days. Year on year, rents are up 1.8%.
Rents spiked in June, while voids dropped to 20 days. Year on year, rents are up 3.2%.
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.