Rents in the UK have risen 9.7% from pre-pandemic levels, but most of the increases have come this year, according to the HomeLet Rental Index. Photo: Getty (Toa Heftiba / EyeEm via Getty Images) London was the most expensive area in the UK for renters in September, with average rents at £1,752 per calendar month […]
According to quarterly data from housing platform Rightmove, the average rent in London is currently £2,661 per month – 4% higher than a year ago. Meanwhile, rents are rising even faster in the rest of the UK, with the average price of a property outside London up 7% year-on-year to £1,314 per month. In the […]
According to a real estate website, rent increases have slowed to their lowest level in 30 months, but competition for housing remains fierce. Annual rental price inflation for new rental properties was 6.6 percent in April, with the average rent increasing by £80 per month compared to the previous year, Zoopla said. The 6.6% increase […]
WASHINGTON (TN) — A real estate software company is being sued by the Justice Department and several states for allegedly allowing landlords to raise rents. Attorney General Merrick B. Garland and other federal prosecutors announced Friday that RealPage Inc.’s software enabled landlords to raise rents across the United States. The government filed the lawsuit against […]
WASHINGTON STATE — The state of Washington, along with eight other state attorneys general and the federal government, has just joined an antitrust lawsuit against RealPage, accusing the real estate software company and landlords of illegally colluding to increase profits. RealPage is a real estate software company that, according to its website, “delivers a unified, […]
WASHINGTON STATE — The state of Washington, along with eight other state attorneys general and the federal government, has just joined an antitrust lawsuit against RealPage, accusing the real estate software company and landlords of illegally colluding to increase profits. RealPage is a real estate software company that, according to its website, “delivers a unified, […]
New data from Rightmove shows that the number of prospective tenants looking for a home to rent is down 17% year-on-year, but still 54% higher than in 2019, pre-pandemic. (Zoltan Gabor via Getty Images) The cost of average rental properties coming onto the market continues to rise rapidly, particularly in London, according to new data […]
The Ministry of Justice (DOJ) continues to target alleged antitrust violations in the real estate industry. The Justice Department filed a civil lawsuit against RealPage on Friday, claiming that the company’s YieldStar and AI Revenue Management (AIRM) software allowed multifamily landlords to artificially inflate rents by sharing private information that was fed through the platform’s […]
WASHINGTON STATE — The state of Washington, along with eight other state attorneys general and the federal government, has just joined an antitrust lawsuit against RealPage, accusing the real estate software company and landlords of illegally colluding to increase profits. RealPage is a real estate software company that, according to its website, “delivers a unified, […]
WASHINGTON (TN) — A real estate software company is being sued by the Justice Department and several states for allegedly allowing landlords to raise rents. Attorney General Merrick B. Garland and other federal prosecutors announced Friday that RealPage Inc.’s software enabled landlords to raise rents across the United States. The government filed the lawsuit against […]
