Cambridge Residential Rental Market Report Autumn 2023
Our latest report on the residential rental market.
While the UK economy managed to swerve the threat of recession in the first half of 2023, the steady rise in base rates in the wake of intransigent inflation has provided a challenging backdrop for the housing market.
While the average 2-year fixed mortgage rate has fallen over the last quarter, the sales market has seen a sharp slowdown, with values falling across the UK. This has served to boost demand in a rental market already struggling with severe stock shortages.
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