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Vacancy Survey Report Q4 2023

The many challenges currently facing consumers, including the increased cost of living, has benefited the residential property investor and the various industries that support the overall residential rental market ecosystem. Rentals continue to grow,…

Vacancy Survey 2023 Q3

The demand for residential rental property remains strong. Vacancies have declined nationally to 6.76% in the third quarter of 2023, the lowest since 2017. Despite a constrained economy, tenants have continued to meet their rental obligations with te…

Vacancy Survey 2023 Q2

While consumer confidence dipped in Q2, residential rental vacancies remained stable overall. National vacancies increased slightly between the first and second quarters of 2023, from 6.19% to 7.27% in the second quarter. Properties at the lower end …

Vacancy Survey 2023 Q1

As consumers buckle under increased financial pressure, many are choosing predictability rather than residential property market investment opportunities. There is an increased demand for residential rental property with the national vacancy rate …

Vacancy Survey 2022 Q4

Business confidence plays a critical role in the performance of the residential property sector and when combined with ever-rising interest rates and stagnant salaries, it is inevitable that more and more consumers turn to rental properties than home…

Vacancy Survey 2022 Q3

There has been an encouraging uptick in the number of consumers signing property lease agreements with the result that national vacancies have dropped from 7.12% in the second quarter of 2022, to 6.92% in the third quarter, the lowest rate in four ye…

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