Rental market continues to weaken

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By Leith van Onselen

SQM Research has released its rental vacancy data for April, which registered a 0.2% increase in vacancies nationally with vacancies also up 0.1% over the year (see next chart).

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As shown above, every jurisdiction with the exception of Hobart recorded a rise in rental vacancies.

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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.