Category: vacancy rate

Las Vegas Rent Decreasing

July 19, 2023
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In 2022, most Americans had it rough financially. Inflation surged up to 9.1 percent at one point, and food prices hit an increase of 9.9 percent. If that wasn’t enough, those who rented were also hit hard. Overall, in the United States, multifamily renters were experiencing increases of 12.2 percent for new tenants. Renewals were…

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Australian Rental Crisis Worsens, National Vacancy Rate at Lowest Level Since 2006

April 15, 2022
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Australia has entered into a deep rental crisis, with tenants facing increasing competition for the diminishing pool of available rental homes, driving up rents by almost 12 percent across capital cities in the last 12 months at an accelerating rate. SQM Research revealed the national vacancy rate fell to one percent in March, the lowest…

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Rental Crisis Emerges in Australia

March 15, 2022
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The unprecedented flooding situation in Queensland and New South Wales could exacerbate the rental market across the country, which has reached its tightest point in 16 years and create more pressure on inflation. Australia’s national rental vacancy rates fell to a new 16-year low to 1.2 percent in February, down from 1.3 percent in January,…

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Rental Crisis Emerges in Australia: Research Group

March 15, 2022
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The unprecedented flooding situation in Queensland and New South Wales could exacerbate the rental market across the country, which has reached its tightest point in 16 years and create more pressure on inflation. Australia’s national rental vacancy rates fell to a new 16-year low to 1.2 percent in February, down from 1.3 percent in January,…

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