Renters face tougher market as supply crunch bites

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Renters face tougher market as supply crunch bites
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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 dwindlesRenters 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 chartsAustralia'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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