Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Two New Analyses Point to Continued Rent Rises
Two new analyses of the rental market, from HomeLet and Zoopla, suggest that rents are rising this year and are expected to keep rising beyond it.
The findings were reported by Letting Agent Today, which noted that both firms have crunched the latest figures on rental trends.
What this means for agents
For letting agents and inventory clerks, continued upward pressure on rents is likely to remain a key talking point with landlords and tenants alike. Agents may wish to review the full analyses from HomeLet and Zoopla for detailed figures and regional breakdowns before advising clients on rent reviews and new tenancy pricing.
As the source report is brief, agents are encouraged to read the original article for the full detail behind both organisations' findings.
Source: Letting Agent Today