April 8, 2019
The latest Rightmove Rental Trends Tracker
The latest rental trends tracker shows that the average asking rents in London rose to an all-time high by the end of 2018. This is surpassing the previous peak from almost three years ago in Q1 2016:
- Asking rents in London are increasing at an annual rate not seen since Q1 2015
- Compared with this time last year, available rental stock in London is down 22%
Rightmove predicts that asking rents will rise by 3% outside London, and 4% in London in 2019. Read the report here.
Source Rightmove – The Rightmove Rental Trends tracker – February, 2019