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.
In this post, Nick Clay from RLA PEARL looks at the latest inflation figures and trends in the Index of Private Housing Rental Prices (IPHRP).
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.