The latest data released by ARLA Propertymark has
revealed that the supply of properties available to rent rose to 203 per member
branch in March, from 197 in February – the highest since records began in
2015. Year-on-year, supply is up 13 per cent, compared to 179 per branch in
March 2018. Demand from prospective tenants also increased, with the number of
house hunters registered per branch rising to 67 on average3, compared to 65 in
February. The number of tenants experiencing rent rises fell marginally in
March, with 30 per cent of agents witnessing landlords increasing them,
compared to 34 per cent in February. Year-on-year, this figure is up 30 per
cent, from 23 per cent in March 2018. Read more on the Property Reporter website.
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