Number of homes for rent remains low
Our members reported having nine properties on average per member branch that were empty and freely available to rent in April. This figure has increased significantly since February’s low of five, and is only slightly below the pre-pandemic average for April of ten (2017–2019).
Rent rises continue
75 per cent of member agents reported month-on-month rent prices increasing in April compared to the pre-pandemic figure of just 31 per cent on average (based on 2015–2020 data)