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1.Market Observations, 8.Was Sticky

19 Mar 2016 (AFR) – No bubble in Sydney, Melbourne rents – markets remain tight

(19 March 2016, AFR, p3, by Robert Harley)

‘Residential rentals are tightening again in Sydney, particularly in the inner suburbs. A similar tightening, which defies the current wisdom about rental oversupply, is also under way in inner Melbourne. But in Brisbane and Perth the rise in supply, and the weaker state economies, have led to higher vacancies and falling rents. Last month, CoreLogic research analyst Cameron Kusher warned that…’

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