Business
Property investors crushed between falling prices and rents – MacroBusiness
CoreLogic has released its quarterly rental review, which reveals heavy rental falls over the June quarter with more losses anticipated: Nationally, rent values declined 0.3% in the month of June, and 0.5% over the quarter. This was the largest quarterly fall…
CoreLogic has released its quarterly rental review, which reveals heavy rental falls over the June quarter with more losses anticipated:Nationally, rent values declined 0.3% in the month of June, and 0.5% over the quarter. This was the largest quarterly fall in rents since September 2018, and further falls are expected in the coming months.
Capital city rents have been more immediately impacted by the negative economic shock resulting from COVID-19. Capital city rents fell 0.7% in the June quar…
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