Rental activity surges in June quarter as median rents hold steady
The number of rental properties leased jumped nearly 12% in the June quarter, though median rents remained unchanged.
Rental activity increased significantly during the June quarter, with the number of properties rented rising almost 12%. Despite the surge in activity, median rents stayed flat, showing no upward movement during the period.
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Rental activity high in June quarter but rents remain flat
Number of properties rented in June quarter up almost 12% but median rent unchanged