ZOOPLA UK Rental Market Report – June 2024
Executive summary
• UK rental inflation slows to +6.6% - the lowest rate for
30 months
• London leads the slowdown with rents up 3.7% over last
12 months
• Rental demand is down 25% but still greater than 2x pre-
pandemic
• Supply of homes for rent up 18% but still 1/3 below pre-
pandemic
• Rents have fallen in some cities over last quarter as
market dynamics start to shift
• Headroom for rental growth in most affordable areas
• Supply/demand imbalance will continue to narrow
slowly
• Essential for political parties to put forward specific
policies to grow the size of the private rented sector
(Watch/Listen)
https://www.fifeproperties.co.uk/blog/zoopla-uk-rental-market-report-june-2024/
#FifeProperty #FifeEstateAgents #FifeLandlords #RentalReport #InflationSlows
#SupplyDemandImbalance
