Tenants benefitting from soft rental market

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This week Nick and Kelvin discuss the current state of the rental market (following the release of the July Chart Pack), highlighting a notable decline in rental prices and tenant affordability challenges. They explore the implications of these trends on landlords and tenants alike. 

The conversation then shifts to sales volumes, revealing an increase in forecasted transactions for the year. 

The hosts also delve into inflation trends, discussing the Reserve Bank's potential responses to current economic conditions. 

Finally, they touch on the foreign buyer ban and its limited impact on the market, emphasizing the small number of properties that would be affected by any changes.

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