Author
Gerv Tacadena is a journalist writing for Your Mortgage and Your Investment Property, which are part of the Savings Media Group. With a keen interest in the mortgage industry and housing market, he aims to help inform and educate Australians on the latest property news and updates.
Australia's office market remained strong amid the slow growth of the economy, with vacancy rates falling in five of the eight capital-city markets, according to a report from the Property Council of Australia.
The growth in dwelling approvals does not appear to be responding as strongly as expected to the low interest-rate environment, said a Westpac economist.
Perth continued its path to recovery, with both sales and rental markets witnessing improving conditions last month, according to the Real Estate Institute of Western Australia (REIWA).