Last weekend saw the sixth-highest number of auctions so far this year
Many are eager to lock in their rates due to unpredictable interest rate rises and volatile market forces
Strata title reform is vital to the future housing needs of WA, one expert says
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Real Estate Institute of Australia president Pamela Bennett has slammed the Labor Party’s proposal to cap rents in Australia, saying it would be disastrous for rental affordability and the property market.
The housing market across Australia’s capital cities was soft leading up to the RBA’s decision to cut interest rates in November, according to research by RP Data.
Borrowers are anticipating further interest rate cuts to come late this year or early next year, according to a Loan Market poll.
Growth has returned to Sydney’s rental market as rents steadily increased over the last year, according to research firm PRDnationwide.
Australia’s economic growth is expected to be among the highest in the developed world next year thanks to mining investment and booming commodity prices, according to a report from the Organisation for Economic Cooperation and Development.
Fixed rates have continued to fall below the 6% mark, with a non-bank lender announcing cuts to its product suite.
Close to a third of all properties coming onto the market over the last two months were from forced sales, a LandMark White sales index has revealed.
Renovations continue to spur building activity as homeowners pass up new purchases in favour of adding value to their existing homes.
New vacancy rate data shows a rental market that is "excessively tight", with vacancies dipping slightly in October.
Mining areas have proven the big winners of the Queensland property market, dominating the state's growth suburbs.
Renters are spending more of their weekly income on housing costs than those with a mortgage, according to research by RP Data.
The Queensland residential property market appears to be on the mend, staging an impressive recovery over the September quarter, according to a REIQ September median price report. The report found that sales activity has strengthened across the state with preliminary house sale numbers up 17% on the June quarter.
Homeowners looking to refinance could be shocked to find their mortgages underwater, it has been claimed.
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I agree. Invest in Parkes!!
Great advice! Love it
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