In Q4 2023, the report now comprises two separate sets of estimates: the longstanding New Tenancies Rent Index covering the period Q3 2007- Q4 2023 and an Existing Tenancies Rent Index which captures the rent levels faced by those households in continuing tenancies (of at least one year in duration). The latter Index has been made possible due to the RTB's newly collected annual registration data and covers the period Q2 2022 - Q4 2023. You can access the Q4 2023 Rent Index Press Release here.
Caution should be exercised when interpreting annual growth rates for existing tenancies. The sample changes from year to year and the existing tenancy Rent Index indicators therefore cannot be used to infer compliance or otherwise with Rent Pressure Zone legislation. Any assessment of compliance requires the tracking of individual tenancies over time and is beyond the scope of the Rent Index.
New and Existing tenancies