Renters face tougher market as supply crunch bites

📆 30/10/2023 17.22.00
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Experts warn more pain could be on the horizon for renters as limited supply pushes prices higher. A new analysis by Proptrack found listings across real estate websites plummeted to record annual lows over the September Quarter.

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Renters face tougher market with number of listings at record low as demand grows but supply dwindlesThe number of available properties listed to rent fell to a record low in September, with worsening vacancy rates and a rising population increasing competition among renters that's resulting in higher prices.
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Australia's increasingly dire rental market: A snapshot in five chartsExperts predict rents will continue to climb in many parts of the country as supply of rental properties across the nation hits ten-year low.
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