As of the third quarter of 2020, rental prices have decreased both on an annual and five-year basis. While larger properties saw higher negative rental growth over the past five years, they were less impacted compared with the same quarter of 2019. This highlights one of the effects that the coronavirus crisis has had on rental demand: people are looking for larger properties. Another insight from the prime London market shows outside space also plays a role in driving residential prices.
Annual and five-year rental growth of residential properties in London as of the 3rd quarter 2020, by property size
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Savills. (October 14, 2020). Annual and five-year rental growth of residential properties in London as of the 3rd quarter 2020, by property size [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1179945/annual-and-five-year-rental-growth-london-by-property-size/
Savills. "Annual and five-year rental growth of residential properties in London as of the 3rd quarter 2020, by property size ." Chart. October 14, 2020. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1179945/annual-and-five-year-rental-growth-london-by-property-size/
Savills. (2020). Annual and five-year rental growth of residential properties in London as of the 3rd quarter 2020, by property size . Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1179945/annual-and-five-year-rental-growth-london-by-property-size/
Savills. "Annual and Five-year Rental Growth of Residential Properties in London as of The 3rd Quarter 2020, by Property Size ." Statista, Statista Inc., 14 Oct 2020, https://www.statista.com/statistics/1179945/annual-and-five-year-rental-growth-london-by-property-size/
Savills, Annual and five-year rental growth of residential properties in London as of the 3rd quarter 2020, by property size Statista, https://www.statista.com/statistics/1179945/annual-and-five-year-rental-growth-london-by-property-size/ (last visited December 18, 2024)
Annual and five-year rental growth of residential properties in London as of the 3rd quarter 2020, by property size [Graph], Savills, October 14, 2020. [Online]. Available: https://www.statista.com/statistics/1179945/annual-and-five-year-rental-growth-london-by-property-size/
