The rapidly rising cost of living is reflected in residential rentals
15 Jul 2022
Demand for residential rental properties saw some recovery in the first quarter of 2022 with the vacancy rate recovering to 8.26%, compared to 13.31% a year earlier, according to TPN Credit Bureau’s Residential Rental Monitor. This is reflected in the strengthening of TPN’s Market Strength Index which recovered to 52.8% in the first quarter of 2022.
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