Graph of The Week: What’s Happening To Rents?

This week’s graph is from the FindaProperty.com Rental Index for March.

The solid line shows the monthly change in rental values while the red dotted line shows the monthly change averaged over three months.

What’s interesting about this is the gradual slowdown in the pace of price falls, a trend matched by the slowdown in the amount of stock coming onto the market.

Both trends suggest that the rental market may be close to the bottom of the current cycle – it’s too early to call it yet, but it certainly interesting, and not without significance for the sales market.

Go to this page to read the full FindaProperty.com Rental Index for March.

What’s happening to rents in your area? Let us know using the Comment link below.

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