Growth is in the Air!
While 2024 ended with subdued asking rate performance, January 2025 signalled a shift in sentiment, with modest gains recorded for the month.
Although Sydney continued to post negative monthly growth, the decline was slower than in previous months, suggesting an inversion in rate performance may be imminent. Perth and Adelaide were the strongest performers, with Melbourne trailing closely behind.
Although asking rate growth was generally marginal, we consider the consistency of the results and the absence of significant variability to suggest a stable forward growth profile.
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