SQM Research has released its rental vacancy series for November, which revealed a 0.1% rise in the national vacancy rate over the month but a 0.3% decline over the year:
Over the year, decreases in vacancies were recorded in Melbourne (-0.2%), Brisbane (-0.2%), Perth (-0.7%), Adelaide (-0.4%), Hobart (-0.3%), Darwin (-0.7%), and Canberra (-0.1%), whereas an increase was recorded in Sydney (+0.3%).