SQM Research has released its rental vacancy series for January, which revealed a mostly seasonal 0.3% decline in the national vacancy rate over the month but also a 0.1% decline over the year:
Over the year, increases in vacancies were recorded in Sydney (+0.9%), Melbourne (+0.1%), Darwin (+0.7%), and Hobart (+0.1%), whereas Adelaide (-0.4%), Perth (-1.4%), Brisbane (-0.9%) recorded falls in vacancies.
