SQM: Rental vacancies to rise over 2019

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By Leith van Onselen

SQM Research has released its rental vacancy series for February, which revealed no change in the national vacancy rate over the month or year:

Over the year, increases in vacancies were recorded in Sydney (+0.8%), Melbourne (+0.2%), Canberra (+0.3%) and Darwin (+0.1%), whereas Brisbane (-0.7%), Perth (-1.2%), Adelaide (-0.3%) and Hobart (-0.2%) recorded falls in vacancies.

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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.