What's happening in the rental market? Will prices continue to rise? | April 2023

In recent months, we've seen a significant rise in rental prices across our region, as demand for rental properties continues to outstrip supply.

One of the main factors driving this trend is the declining number of landlords in the market. Many landlords have been deterred by recent tax changes and stricter regulations, leading to a reduction in available rental properties. This has resulted in a competitive rental market, with tenants facing higher prices and limited options.

Whether you're a tenant or a landlord, this video will provide valuable insights into the current state of the rental market and what you can do to stay ahead of the curve.