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AAP

Politics

Poppy Johnston

FOUND: Home buyers subdued despite high rents - What They Never Told You

PropTrack Cameron Kusher

High demand and low supply has pushed rents up 10 per cent in Australia's major cities. (Glenn Hunt/AAP PHOTOS) (AAP)

Competition for rentals remains fierce but sky-high rents have not yet triggered a rush into new home ownership or an influx of investment.

High demand and low supply has pushed rents up 10 per cent in the major cities in the 12 months to December.

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One subscription that gives you access to news from hundreds of sites

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