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Sydney and Melbourne rental markets collapse

September 16, 2020 - 10:20 -- Admin

SQM Research has released rental vacancy data for the month of August, which recorded a 0.1% decline nationally but ballooning vacancies across Melbourne: As shown in the next chart, the rental vacancy rate has hit a seven year high in Melbourne at 3.4%, whereas Sydney’s retraced to 3.5% but remains near record highs: Commenting on

The post Sydney and Melbourne rental markets collapse appeared first on MacroBusiness.

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