Latest News

Approvals defy doomsday forecast

When the federal and state governments imposed restrictions in March in the efforts to contain the coronavirus outbreak, many market watchers were quick to forecast a sharp fall in building approvals. This, however, was not the case, according to the latest figures from the Australian Bureau of Statistics (ABS).

Negative equity unlikely despite price drops

Despite the drop in home values in May, homeowners and property investors are unlikely to sink into negative equity any time soon, according to a recent market report from CoreLogic.

Perth's in-demand rental spots

Despite the challenging market outlook on rental markets, latest figures from the Real Estate Institute of Western Australia (REIWA) showed that Perth, particularly some of its suburbs, has shown improvement, with rental stock quickly being absorbed.

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