The June 2023 Locked Out of the Market report found 934 properties available to rent at any price within the 16 areas over the three dates surveyed. This represents a 39% (262) increase from the 672 properties available in the March 2023 Locked Out report.
50 properties were found to be available to rent within standard and discretionary HAP limits; a 72% increase on the 29 properties available within HAP rates in the March 2023 report. While an increase is welcome, the proportion of HAP properties in relation to the general market remains low. Just 5.4% of all properties available the rent examined in this study are available at HAP rates. For comparison, in 2021, on average, 27% of all properties examined in the Locked Out of the Market series were available through HAP