“ABS Building Approvals data for detached houses rose for the fifth consecutive month in November to reach the highest number of approvals since December 1999,” stated HIA Economist, Angela Lillicrap. “While HomeBuilder was the catalyst for improving consumer confidence in...
Australian capital city dwelling prices will rise in 2021 as a result of this year’s aggressive government stimulus, interest rate cuts and the upcoming changes to responsible lending laws, according to Christopher’s Housing Boom and Bust Report 2021, released today...
This week’s review covers analysis of the November statistics published by the Reserve Bank of Australia (RBA) and Core Logic.  This information tracks market performance to 31 October 2020.  With the  RBA dropping the cash rate to 0.1% and all levels of government doing whatever they can to heat up the economy, we’re seeing...
Many authorised deposit-taking institutions (ADIs) have granted temporary relief to borrowers impacted by COVID-19, allowing them to defer loan repayments for a period of time. To provide greater transparency of loan repayment deferrals, APRA is publishing: the aggregated data obtained...
This week we’re looking at regional centres and how they’re performing in the current market. Our analysis is based on the ‘property’ clocks published by valuers Herron Todd White.    About the data A major point to make up front is that markets do not...
Our analysis this week covers how the Australian property market is performing against the backdrop of global property markets . . .Australia versus the world. The first chart below tracks overseas interest in buying property in Australia, mapped by the...
This week our market review covers analysis of the country’s economic indicators used and published by the Reserve Bank.  This is the data the RBA Board uses to make their decisions about interest rates and economic advice to the...
Sales activity is showing both residential and commercial searches for sales are trending upwards, with residential activity 15% higher than January 2020, and commercial 20% higher. Residential rental searches have stabilized, though commercial lease searches have continued to trend upwards...
“The surge in demand for new detached homes will help pull the Australian economy out of this recession,” stated HIA’s Chief Economist, Tim Reardon. “We saw a strong increase in new homes sales following the announcement of HomeBuilder and this...
Three months into our new economic environment operating under the cloud of COVID-19, and we’re gaining access to more market data. In addition, despite the Melbournian re-lockdown – which is unbelievably frustrating – the rest of the country is continuing...

FOLLOW US

34FansLike
78FollowersFollow
0SubscribersSubscribe
- Advertisement -

RECENT POSTS