A QUICK SNAPSHOT OF THE INVESTMENT MARKET

While we have observed another rise in interest rates, a tightening of the economy, and increased household pressures, the rental market has proven to be a strong investment opportunity for many landlords.

Due to limited rental availability in numerous areas, weekly rents have been driven up, with the national median now at $550 per week. This median rent represents a 3.8% increase over the previous quarter and a notable 14.6% increase over the year, leading to a rise in the gross rental yield to 4.2%.