Despite recent rises in available rental properties in the UK, analysts believe there is still "a long way to go" before the rental market is re-balanced and stable, as the gap between supply and demand remains vast. 37% of the Association of Residential Letting Agents branches reported an increase in rent prices between June and July; however, demand for rental properties per the Association of Residential Letting Agents branch varies throughout the UK, with the national average slightly decreasing but significantly rising in London.
Despite recent rises in available rental properties in the UK, analysts believe there is still "a long way to go" before the rental market is re-balanced and stable, as the gap between supply and demand remains vast. 37% of ARLA branches reported an increase in rent prices between June and July; however, demand for rental properties per ARLA branch varies throughout the UK, with the national average slightly decreasing but significantly rising in London.