Locked Out of the Market Executive Summary, March 2025

The March 2025 Locked Out of the Market report found 1,119 properties available to rent at any price within the 16 areas over the three dates surveyed. This is a 9% reduction from the 1,233 properties available in the December 2024 report, and 5% reduction from the 1,180 properties available in March 2024.

The report found 41 properties available to rent within HAP limits. This is a reduction of 5 properties (-11%) from the 46 properties available in the December 2024 report. Just 4% of all properties available to rent at the time of data collection were available within HAP limits.

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