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AAP
AAP
William Ton

Rent squeeze adds extra juice for first-home buyers

Cameron Kusher
Renters are turning into buyers with the rental market remaining tight. (Lukas Coch/AAP PHOTOS)

People have had enough of the tough rental market and are choosing to buy homes with rents remaining high and stock low. 

National rents remained unchanged over the June 2024 quarter at $600 per week, but this marks a 9.1 per cent increase, or $50 more, since the same time last year, according to REA Group's PropTrack Rental Report for June.

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