December quarter rent growth slowed to 2% but Sydney and Melbourne may resist trend as normal migration patterns return
- Follow our Australia news live blog for the latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
Stretched renters could soon get relief as the pace of rental growth starts to slow, the latest data suggests. But rents in Sydney and Melbourne may resist the trend.
Renters endured the fastest growth on CoreLogic’s records last year, with rock-bottom vacancy rates driving national rents up by 10.2%.
Continue reading...source https://www.theguardian.com/australia-news/2023/jan/11/rent-price-spiral-shows-some-sign-of-slowing-but-apartments-in-hot-demand-latest-data-shows
No comments:
Post a Comment