Rents across England and Wales Unchanged

While average rents across England and Wales remained unchanged over the past 12 months, regional performance varied drastically, according to a report. As of March, the overall average rent in the two countries stood at £860 (US$1,121) per month, the same as last March and down 0.1% from February, the real estate agency said. But some regions posted strong rental growth, while others logged falls. In London, prices fell 1.3%, but with rents in the capital averaging £1,260, it remains the most expensive place to rent.