With 2009 being a generally negative year economically around the world, New York Habitat’s London Vacation Rental division was a standout with a 40% increase in the number of apartments rented as well as an increasing average apartment rental price.
New York, NY (PRWEB) March 16, 2010
New York Habitat is happy to release the 3rd biannual London Market Report covering 2009 vacation rentals. Using the company’s 8 years of experience in renting vacation apartments in London, they have produced a comprehensive report covering apartment prices, neighborhoods rented, average length of stay and more. The report is available on the London Furnished Apartment Market Report website.
With 2009 being a generally negative year economically around the world, New York Habitat’s London Vacation Rental division was a standout with a 40% increase in the number of London apartments rented as well as an increasing average apartment rental price. Some of the causes for the success of New York Habitat’s London Vacation Rental team include:
- A declining value of the British Pound compared to the U.S. Dollar and the Euro
- More rentals of large apartments in London
- A more diverse inventory of properties available to rent in London
The report uses a mix of graphs, charts and tables to explain the current market. Some of the graphs and table that are included in the report including:
- Average length of stay
- Percentage of apartments rented by type
- Percentage of vacation rentals by neighborhood
- Price ranges of vacation rental by type
- Size of apartments rented
The New York Habitat London Furnished Apartment Rental Market Reports webpage contains all of the reports compiled by New York Habitat in a central location. Furthermore, the latest London market news can be found on the New York Habitat Blog. With this being the 3rd biannual market report for London, New York Habitat is beginning to build a basis of information that is available to the public about the London holiday rental market.
Established in 1989, New York Habitat is a fully licensed residential real estate agency, specializing in furnished apartment rentals in New York, Paris, London and the South of France. By employing a team of agents that are experienced in renting furnished apartments and are knowledge about the markets that they work in, New York Habitat has become one of the leading companies offering furnished apartments around the world.
We invite you to contact New York Habitat’s London Team for more information about the London Vacation Rental Market Report as well as for information about listing an apartment, corporate housing and student housing and renting an apartment in New York, Paris, London or the South of France. Check the London Furnished Apartment Rental Market Report website in the summer of 2010 for the next installment of the London Vacation Rental Market Report.