Vacancy Rates Remain Stubbornly Below Average

Rental conditions remain diverse across the nation, but there is growing evidence that rental growth is easing, according to CoreLogic. The national rental index increased a further 0.7% in June, still well above the pre-COVID decade average of 0.2% month-on-month, but a continued deceleration and the smallest monthly rise since January 2023. The annual growth trend in rents was...