SQM Research has released its rental vacancy series for July, which revealed a 0.1% fall in the national vacancy rate over the month as well as a 0.1% decline over the year:
As shown above, rental vacancies fell or were flat rose across all capitals in August.
Over the year, decreases in vacancies were recorded in Melbourne (-0.2%), Perth (-0.4%), Adelaide (-0.3%), Hobart (-0.1%), Darwin (-0.5%), and Canberra (-0.1%), whereas increases were recorded in Sydney (+0.3%) and Brisbane (+0.4%).
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