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Rents may rise when tourism rebounds

Residential

Photo by Alla Simacheva / Shutterstock.com

In the first half of the year, tenants may still be on the rental market; although rents may rise again from the summer months,  we can expect an acceleration in parallel with the rise of coronavirus vaccinations and the start of tourism, according to a forecast by rentingo.com.

While demand prices remain low, the rental market picked up somewhat in December, and one of the first signs of healthier operations and longer-term price increases may be the fact that new advertisements are no longer asking for a one-month but two-month deposit.

 

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