New Tenancies Hot Up In Summmer

19th June 2024

• As many start to think about the end of term and summer holidays, letting agents are gearing up for a busy few months. Around a third of all new tenancies for the year will start in the next 3 months.
• On average, a third of new rental contracts start during July, August and September according to data covering 2016-2024 from Dataloft Rental Market Analytics by PriceHubble.
• At this time of year, large numbers of rental homes change hands as graduates start new jobs, students arrive at university for the first time and others move in with friends.
• The number of students applying for university or college in 2024 is 0.7% higher than 2023 and the second highest number on record which will further increase demand this year.

Source: #Dataloft Rental Market Analytics by PriceHubbl