Graph of The Week
This week’s graph comes from the latest FindaProperty.com:Rental Index.
It shows the relationship between supply and prices. Interestingly, this month we’ve seen a very significant drop in the amount of property on the rental market.
Stock fell by ten per cent, taking levels back to where they were a year ago.
This has put pressure back on prices, which rose over the month by 0.1 per cent. Prices have risen by 1.3 per cent since May.
The trend is most pronounced in London where stock levels fell by a dramatic 13.2 per cent over the month and rents increased by 1.6 per cent.
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