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Rental demand hits two year high

Series: RICS Press Release ; (pr049) 28 May 2003 (2)Publication details: 2003Subject(s): Summary: "RICS residential lettings survey Great Britain" for the three months to end of April 2003 shows demand for rental property at its strongest for two years. A net 1% of surveyors reported a drop in rents over the last three months compared to 9% in the previous quarter. Rents rose in most regions across the country with the exception of London and southeast England. Surveyors reported a modest rise in the number of properties coming on to the market and remain positive in their rental forecast for the next quarter. The survey is available at http://www.rics.org/resources/economic_analysis/residential_market_survey.html. http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=931
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News article London News article WB3920-11 (Browse shelf(Opens below)) 1 Available 122426-1001

"RICS residential lettings survey Great Britain" for the three months to end of April 2003 shows demand for rental property at its strongest for two years. A net 1% of surveyors reported a drop in rents over the last three months compared to 9% in the previous quarter. Rents rose in most regions across the country with the exception of London and southeast England. Surveyors reported a modest rise in the number of properties coming on to the market and remain positive in their rental forecast for the next quarter. The survey is available at http://www.rics.org/resources/economic_analysis/residential_market_survey.html. http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=931