More evidence of vanishing rental growth

Wednesday, 30 March 2016

Over recent months there has been reams of evidence showing that rental growth across Australia’s combined housing markets has weakened materially.

First, there is the Core-Logic RP Data rental growth index, which showed that rental growth across the combined capitals registered zero growth in the year to January and February – the lowest recorded growth on record:

Second, the ABS rental inflation series showed that rental growth has slumped to the lowest level in 21-years:

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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.