London 's rental market will outperform its sales sector, London estate agency Savills forecasts. The agency predicts compound growth in the rental market from 2022 to 2018 will be 17 percent , matching forecasts for wage growth but ahead of anticipated inflation. However, Savills says asking rents in the capital fell 3.2 per cent in the year to June 2017, compared to a 1.9 per cent rise on average across England and Wales. However, it emphasised that the outlook is strongest for cities outside of London , which are increasingly attracting "employees from high-value sectors such as professional services, technology, and finance”.
London 's rental market will outperform its sales sector, London estate agency Savills forecasts. The agency predicts compound growth in the rental market from 2022 to 2018 will be 17 percent , matching forecasts for wage growth but ahead of anticipated inflation. However, it emphasised that the outlook is strongest for cities outside of London , which are increasingly attracting "employees from high-value sectors such as professional services, technology, and finance”.