Rental vacancies continue to fall in Perth's residential property market, with competition between tenants ramping-up, particularly in sought-after locations.
The latest data from Perth's rental market suggests landlords could potentially look forward to rising rents in coming months, with vacancies continuing to decline while leasing activity ramps up across the city.
The latest REIWA data has confirmed more bad news for those looking to sell their house, but the prices of units experienced a surge in the June quarter.
The nation's banking regulator says it will remove a cap on interest-only loans for residential property, on the grounds that the measure had reached its objective of curbing higher-risk lending practices.