Rental growth slows despite vacancy rates falling

The national rental index increased by 0.5% in August, the 36th consecutive month of increases, but the smallest month-on-month rise since November 2020, according to CoreLogic. In annual terms, national rents were up 9.0% in August which was the lowest annual rate of rental growth since April 2022, but still almost three times above the decade average of 3.2%. Most...