Rental price growth in Great Britain remained unchanged from April 2018, with rents increasing by 1.0% in the 12 months to May 2018. London rental price growth continues to decline, with the latest rental index showing rents have decreased by 0.2% in the 12 months to May 2018.
The May 2018 PEARL Rental Index is showing that rental price growth across Great Britain is weakening with rents increasing by 1.0% in the 12 months to April 2018. London rents were unchanged at 0.0% in the 12 months to April, and Consumer Price Index inflation is now at 2.4% down from 3% for January 2018.
RLA PEARL produces a monthly rental index, which brings together data from across the sector to provide insight on the rental market. This includes changes to rental values, house price changes, inflation, buy-to-let market activity.
Welcome to the October PRS Statistics Bulletin from RLA PEARL. We have the latest rental index and house price updates, and buy-to-let mortgage activity.