Record-Low Rental Vacancies in Australian Cities, Prices Soar as Housing Affordability Crisis Deepens
** In a worrying trend for Australia’s housing market, data shows that rental vacancies have reached a record low in most major cities, while housing prices continue to surge, sparking concerns about housing affordability and economic stability. The average rental vacancy rate across Australia’s capital cities has hit a historic low, raising concerns about housing affordability and the country’s economic stability.
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