William Reeve, CEO of Goodlord, says:
“Another month of cooling rental inflation reinforces the picture that the market is returning to some form of equilibrium after a series of record-breaking years. This is good news for tenants, particularly if rental price increases continue to sit below wage growth figures. It’s also a positive sign that there isn’t a supply shortage, despite the wider regulatory turbulence that landlords are navigating. If these trends continue into spring, it could provide a relatively benign backdrop for the Renters Rights Act implementation on 1 May.”
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