Australian Property

Rental slowdown as vacancies surge (members)

Leith van Onselen
Wednesday, 16 July 2014
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By Leith van Onselen

SQM Research has released its rental vacancies report for June, which reveals weakening rental market conditions across Australia, as evident by rising vacancies and quarterly falls in asking rents.

The national rental vacancy rate rose to 2.3% in June, with five of eight capitals recording annual increases (see below table).

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.