Rents in European cities are rising but levelling off in some cities

Rents in European cities for studios, apartments and rooms are continuing to rise but the growth is beginning to slow, with levels down in the first quarter of 2019, the latest index shows. Barcelona and Madrid have recorded the steepest climb in rental prices but overall in key capital cities rents seem to be reaching a ceiling, according to the European rent index from Housing Anywhere. The report points out that the increase in rental prices follows a rising shortage in available rental properties, increasing competition among international students and young professionals to find proper housing, and a greater number of premium apartments being offered at higher prices.