The brisk growth of the property market has stunned most everyone and proved economists wrong. Economists have cautioned that Australia’s slow economy will continue and told us to expect house prices to fall until the year is out. They said house prices …
ReadMelbourne and Sydney auction clearance rates on Saturday recorded a preliminary rate of 76 per cent and 80 per cent respectively for Melbourne and Sydney property. The sales are similar to sale results documented during the five-year housing boom …
ReadSydney and Melbourne aren’t waiting for another cash rate cuts to boost its property market. Experts predict these cities are poised for growth and will achieve at least two digits house property price increase early next year. So, if you’re thinking of …
ReadAustralians are feeling more optimistic about buying a home than they were this time last year, new research has found. Westpac’s Housing Sentiment survey revealed that more than half (51 per cent) of those surveyed are feeling more confident about …
ReadThe long-awaited stabilisation of new homes in the market is on the horizon, the Housing Industry Association (HIA) says. According to the HIA’s quarterly economic and industry outlook, there is evidence the market is heading towards a point where the …
ReadThe RBA’s interest rate is working and cuts are benefiting the property market. Recent data shows an increased in new home loans, suggesting banks’ reductions are being passed to household borrowers. This forms part of the speech of Dr. Christopher Kent, assistant governor of …
ReadAustralia’s property market is showing signs of life… The worst of Australia’s property market downturn appears to be over as growth drivers all lined up, buoying both buyers and sellers in the country. Recent data shows that housing prices …
ReadReal estate growth in Victoria is evident. Apart from Victoria topping economic growth in the country, the State of the States report by CommSec shows indicators for real estate activity and housing construction is high in the state. It continues to benefit from …
ReadMonths later after the Elections, varying thoughts have surfaced in relation to the Melbourne housing market. Many rejoice because of newly-elected Scott Morrison’s promise to significantly ease out on owning a home, particularly to those aged between 25 …
ReadSeveral speculations have circled around this trend, however, does it hold water? Is it applicable to all real estate developments across the globe, even in Australia? Do investors base their investment plans for this trend? First, what is …
ReadThis current issue is a cause of concern. This year’s downturn happens to be the largest on record in Australia, with periods in the late 1800s and a portion of the 20th century surpassing it. This is perceived …
ReadAccording to Moody’s Analytics, Australian house prices, particularly in Sydney, Melbourne, and Perth, will continue their sharp falls in advance of a moderate rebound later this year or early 2020. Across the country, Moody’s anticipates home prices in …
ReadThere’s a reason why millennials are my favourite generation: They are coming of age (at the right age to start buying houses and cars and getting married and spending their money) which drives industries the same way the …
ReadAccording to a recent report done by Domain, Sydney house prices have been dropping at a pace not experienced since a decade ago due to the negative forecasts concerning the current housing market. The average discount on prices …
ReadAccording to a recent CoreLogic study, residential property values in most capital cities have declined in February for the fifth consecutive month. It was more moderate than the declines in the past two months but it was the …
ReadThe Melbourne property market has been a very strong and consistent performer in the past few years. However, is it too late to buy a property in the city? There is no single answer to this. There are …
ReadMost real estate news have lately been about the return of net interstate migration to Queensland from NSW and Victoria, where its residents cash-out and buy cheap in SEQ. However, reports show something different. It appears that Queensland’s …
ReadThe number of unoccupied houses in Australia continues to increase and the 2016 Census shows that 11.2% or around one million of our dwellings were empty at this time last year. The report identified about nine million private …
ReadAfter the SEEK survey, there come several positive job advertisement figures in Australia. Total job ads are now 26% higher than in 2013. Since the torrid 2013, Queensland is leading with the strongest annual increase across all states. …
ReadAccording to CoreLogic, there is a capital growth of 10.5% across the combined capital cities over the year to 31 July. The quarterly price also increased albeit slowly to 2.2% in July, compared to 3.6% in February. Sydney …
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