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Corelogic Rent Listings Continue To Show Pain Points Around Inner City Markets
COVID-19 continues to show an acute impact on inner city rental markets, the latest CoreLogic data on rental listings has revealed.
In the 28 days to August 9, total rent listings on market across Australia had eased on the previous month, falling 10.9% nationally. While most regions are now seeing rental markets gradually tightening, there is still a significant uplift in rental stock around inner-city areas, placing downwards pressure on rents and upwards pressure on vacancy rates.
A…
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