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Rental Price Growth to outpace sales growth over the next five years

• Over 60% of properties placed on the rental market are being snapped up by renters within a week of being listed, one in six letting within 3 days, according to the latest Dataloft poll of subscribers. Less than 3% of properties are currently on the market for more than 2 weeks.
• Email (65%), phone (22%) and WhatsApp (12%) are the preferred ways renters wish to be contacted by agents if there is a new property on the market that meets their requirements.
• Rental price growth is anticipated to outpace sales price growth in the UK market over the next five years.

Source: Dataloft, poll of subscribers March 2023

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