UK Home Rental Prices Jump at Sharpest Rate Since 2016
- London rent growth is weakest among regions in Britain
- High demand and low supply drives price growth upward
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UK home rental prices rose at the sharpest pace since 2016 in June, adding to a cost-of-living squeeze
Rents rose 3% from a year ago last month, stronger than the 2.8% growth in May, the Office for National Statistics said Wednesday.