Australian rental vacancy rate falls to record low, data shows

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Australian rental vacancy rate falls to record low, data shows
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Limited supply and strong demand prompts national median weekly advertised rents to rise 14.6% over the year

Tenants are continuing to struggle with rising rents and limited supply, with new data showing the total number of rental listings has fallen to a record low.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Outside the capital cities, the expectation was that rental price growth would continue to slow, he said.

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