The June cash rate decision doused hopes for many Australians that rate hikes were nearing an end. It prompted the major bank economists to reset their forecasts for the terminal cash rate to at least 4.35%, dragged on consumer sentiment, and may take some steam out of the recent housing market recovery.

The REINSW Vacancy Rate Survey results for May 2023 show that residential vacancies in Sydney remain at crisis levels.

Ray White New Zealand recorded a 59.2 per cent all sold clearance rate last week, up 20.27 per cent year on year. 

McGrath’s Head of Property Management, provides some tips for tenants, with a focus on how you can increase your chances of securing the rental home you want.