RENTS RECORD FIRST ANNUAL FALL

October 28th,2020

The September 2020 quarter CPI figures show the impact that the COVID pandemic is having on the rental market, according to the Real Estate Institute of Australia (REIA).

REIA President Adrian Kelly said the All Groups CPI rebounded with a 1.6 per cent increase in the September 2020 quarter following the largest fall in its 72-year history last quarter, giving an annual increase of 0.7 per cent.

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