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National residential vacancy rate dipped in September, down to 2.1% from 2.2% in August, according to SQM Research.
Economists are not expecting the Reserve Bank of Australia to cut the cash rate again until February, as low rates appear to have already spurred a negative impact on banks and households.
The increased housing supply and the slow pace of wage growth have taken their toll on Sydney's rental market, shrinking rents in the most affordable suburbs, according to the latest report from Domain.
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