Rental vacancy rate fall signals future rent increases

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SQM Research has released its rental vacancy data for September, which revealed that vacancies nationally declined by 0.1% over the month and was flat over the year:

Across the capital cities, vacancy rates fell across almost every market in September, whereas the situation over the year was mixed.

According to SQM:

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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.