Rental vacancies fall in May

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By Leith van Onselen

SQM Research has released its rental vacancy series for May, which revealed a 0.2% fall in the national vacancy rate over the month as well as a 0.2% fall over the year:

As shown above, rental vacancies fell across almost all capitals in May.

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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.