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Residential Leasing Market Snapshot - 2Q17

Luxury rents rose for the first time in seven quarters in 2Q17, supported by a pick-up in leasing activity and improved business sentiment.

Traditional luxury districts, such as Mid-Levels and Island South, remained hotspots, while non-core districts drew an increased number of enquiries owing to the wider range of properties and more affordable options on offer.

​Our lease-o-meter shows a "lukewarm" reading, although the summer season ahead should attract stronger home search demand from families.

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