RP Data: “Weakest rental market conditions ever”

Monday 1 February 2016

Following on from my earlier post on RP Data’s daily dwelling values index results for January 2016, Core Logic-RP Data has released its full results, which also cover the smaller capitals and regional areas (see next table).

As you can see above, the smaller capitals and the regions had a mixed month in January, with strong rises recorded in Hobart (+4.7%) and Canberra (+2.8%), but falls recorded in Darwin (-0.1%) and “rest-of-state” (-0.1%).

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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.