Rate of rent growth on the slide
Since Christmas the housing market has been cooling and prices up and down the country have been trending lower.
Hamilton has been no different, with buyers having the upper hand in the market.
Well, it looks like the same is now happening in the rental market!
After 2 years of non-stop rent growth, analysis of our Hamilton portfolio shows that in August average rents have dipped for the second time in 6 months.
After such a long run of rising rents, this could be a sign that rents are done rising and may even begin to fall.
Great news for renters, already struggling with rising inflation and the cost of living crisis.