LATEST INSIGHT ON THE UK RENTAL MARKET BASED ON ZOOPLA’S RENTAL INDEX…
Zoopla’s quarterly Rental Market Report is based on their analysis of hundreds of rental data points across the UK. Now in its fourth edition, the report gives an industry-leading view of rental market performance.
In this quarter’s report, they reveal their latest research on:
– Rental change in the year to June, and the outlook for the rest of 2020
– Rental demand vs. supply
– How London’s market differs from the rest of the UK
REPORT SUMMARY FROM ZOOPLA:
We see the gap between supply and demand continuing to narrow through Q3 and Q4. As a result, rental growth will start to slow, as tenants have a wider range of properties to choose from.
We see the gap between supply and demand continuing to narrow through Q3 and Q4. As a result, rental growth will start to slow, as tenants have a wider range of properties to choose from.
In Cardiff and Newcastle, where the gap is among the largest, annual rental growth is at 3% and 3.4% respectively.
In contrast, the supply/demand balance is leading to weaker rental growth in cities such as Edinburgh and London.
DOWNLOAD REPORT:
https://advantage.zpg.co.uk/…/UK-Rental-Market-JUNE-2020-FI…