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.
Western Australia's dramatic downturn in sales activity — from 89,000 in 2005 to 39,000 in 2018 — appears to be a clear indication of the state's flailing property market, signalling the need for policies that could make it attractive again for homebuyers and investors.
There has been a surprise growth in housing construction during the June quarter, driven by the strong showing in the apartment sector.
Sydney's auction activity took a dive over the past weekend due to the NRL grand final, with auction volume dropping significantly to only 316 homes, figures from CoreLogic show.