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Rental market rebounds after initial COVID-19 shock

Rental market rebounds after initial COVID-19 shock

Wednesday 3rd June 2020
Zoopla

Zoopla Rental Market Report, now in its third edition, is a unique, market-leading analysis of trends in the UK rental sector. This quarter's report illustrates a sector better able to adjust to shocks such as COVID-19 than sales.

In the last fortnight, we've seen a rebound of 30% in rental demand, after a decline of 57% in the last two weeks of March.

As such, we are prioritising our virtual viewings and looking to reassure landlords, in order to shore-up property supply and make the most of more stable rental market prospects.