Posts Tagged ‘property market’

The Sydney and Melbourne housing markets have shown signs of a comeback as rebound hits a two and a half year high. The nations median dwelling value lifted 0.9 per cent to $524,744 in September including houses and apartments across all city and regional areas.

CoreLogic’s head of research, Tim Lawless … Read More

Economists say the housing market is starting to stabilise, providing good news for home owners and purchasers.

The Australian Bureau of Statistics (ABS) reported residential property prices fell 0.7 per cent nationally in the June quarter. Comparitively to the previous few quarters, this was considered an improvement.

This has economists reporting a … Read More

On Tuesday, the RBA decided to keep their interest rates on hold. So what does this mean? Here is a recap of what the experts had to say about the recent update.

Various industries can feel the burn of a National election campaign. Business and consumer confidence can spiral and markets begin to go quiet – the property market is no different.

The second half of May and early June saw a variety of outcomes and announcements that are likely to bode well for the housing market.

These include; stability in the federal government, an announcement from APRA that borrower serviceability assessments were likely to improve by late June … Read More

The heat has come off the housing market, but we should be wary about getting too excited, too soon. 

One of the weirder responses to the Australian federal election result is articles suggesting that somehow all will be improved in the economy because the anticipation of an … Read More

A new report has shown that consumers think now is the time to buy a house and expect modest house price increases, despite general ill feelings about the economy.

The Westpac sentiment survey reported a “disappointing” drop in general consumer sentiment and a less enthusiastic than … Read More

If a rule introduced by the country’s banking regulator five years ago is reversed, it could mean that the Australian housing market is about to boom.

“One of the major reasons we had the big house price falls – particularly in Sydney and Melbourne – is that … Read More

Australia’s worst property decline in a generation has created some obvious losers. Investors who bought at the top of the market are underwater; homeowners looking to sell are having to slash prices and developers are struggling to offload apartments as projects started during the height of the boom near completion.

But … Read More

The release in early December of the CoreLogic November hedonic home value index results confirmed that national dwelling values slipped by 0.7% over the month, led by Sydney where the drop was double the national average.

Headlining the November … Read More