After a period of exceptional growth in rentals, recent numbers are indicating a slight settlement of a very delicate subject. Property vacancy rates are rising and in some instances actual rental values have decreased. Both good signs that market forces are gaining traction. We have noticed the higher end of the market is still buoyant with the middle slowing and the lower still quite strong.
If you would like to discuss any aspect of the rental market both from a renter or landlords point of view, our rental department would be happy too hear from you.