Prime residential rents – Q1 2024
"Prime rents picked up over the first quarter of 2024 in line with typical seasonal trends, but affordability pressures and increased stock means growth has settled at a lower level compared to the last few years"
Tagged Articles
"Prime rents picked up over the first quarter of 2024 in line with typical seasonal trends, but affordability pressures and increased stock means growth has settled at a lower level compared to the last few years"
"We discuss recent prime rental movements, identify key market trends, and provide our updated five-year prime rental forecasts"
"Movements in rents of prime houses outside of London appear to be shifting back in line with pre-Covid levels as seasonality returns to the rental market"
"Seasonality returns to London’s prime rental markets as growth dips marginally into negative territory for the first time since March 2021"
"Lucian Cook highlights the impact of mortgage debt, the influence of government policies on housing, and his five-year predictions for the UK's property market"
"Across prime London, rental growth continues to set new records as a result of four consecutive quarters of stellar increases. "
"Demand for homes in new developments is evidence of a desire to invest in London"
"Following strong levels of rental growth over the first half of 2022, we predict the acute lack of stock and continued strong demand will maintain pressure on prime rents across both London and the commuter belt, at least in the short term"
"Lifestyle changes continue to drive market growth"
"Rents and capital values of prime property continue to rise despite increasing interest rates and geopolitical uncertainty. But how long might it continue?"