Perth unit market up 10%
Rental listings in Perth rose by 10% during the June quarter, according to new data from the Real Estate Institute of Western Australia (REIWA).
Returns drop into negative territory
Residential sales fell by 3.3% during the 2018-19 financial year due to weak housing prices and sluggish rental conditions, according to research from CoreLogic.
RBA chief: low rates here to stay
After the official cash rate dropped to 1% July, low interest rates could be here for “an extended period”, according to Reserve Bank of Australia (RBA) Governor Philip Lowe.
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