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AAP
AAP
Business
Kat Wong

Rent rises ease but 'critical need' for supply lingers

A report shows the number of rental listings are declining while rents continue to rise. (Mick Tsikas/AAP PHOTOS)

Rents will continue to rise but more slowly, providing cold comfort to already struggling tenants.

Weekly rents have soared over the past year as low supply and strong demand plagued the market.

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