Rents continued their upward trajectory, providing no significant relief for tenants.
In today’s Property Insider chat with Dr Andrew Wilson, chief economist of My Housing Market, we discuss the latest My Housing Market Rental Report.
02:11 - Rising prices and lack of relief in rents
06:07 - Impact of income growth on rental demand
06:52 - Asking rents and vacancy rates on the unit market
08:25 - Lack of new apartments and houses being built
09:55 - Rise in housing approval figures and trends
11:42 - Decline in unit sales and oversupply issue
13:25 - Decrease in unit prices despite building boom
15:40 - Slow progress of building approvals and constraints
19:02 - Government's role in creating an environment for builders
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