Whilst the IPHRP - the ONS's measure of price growth in the PRS continues to grow. The RLA argue price growth is fragile and weaker than in the wider economy.
The Index of Private Housing Rental Prices (IPHRP) continues to be below key measures of inflation. This is the 30th consecutive month the increase in rents in the PRS has been below BOTH the CPI and CPIH.
On the second anniversary of RLA PEARL does the levelling of the growth in the Private Rented Sector (PRS) represent a new equilibrium in housing tenure? RLA researcher Nick Clay looks more carefully at the dynamics underneath the headline data.