Average rent in London reached a record high of £2,736 ($3,648) per month in the third quarter, according to Rightmove.
In annual terms, the figure rose by 1.6%, the slowest rate since the second quarter of 2020.
Outside the British capital, the average rent increased by 3.1% year-on-year to £1,385.
The total number of real estate properties on the British rental market grew by 9% year-on-year, but is still 23% below pre-pandemic levels, according to Rightmove analysts. At the same time, demand from tenants also fell by 14% compared to last year.
http://relocation.com.ua/average-rent-in-london-reaches-record-high-of-2736/
