Business
Rental markets post fastest growth in 14 years – The Australian Financial Review
Fuelled by strong economic recovery, rents rose 3.2 per cent in the March quarter – the fastest quarterly growth since May 2007.
Eliza Owen, CoreLogic Australia head of research, said: I think the March-quarter result reflects some of the strength weve seen in the economic recovery, particularly in some of the most impacted areas such as the capital city markets, which have seen negative shocks initially due to the lack of overseas migration but are now bouncing back.
But it also shows the big discrepancies in performance between the different cities and different types of stocks, with houses attracting more demand compared…
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