Property price rises are forecast to be locked in for 2021, but buyers who think they can’t lose are in for a wake up call as they’re now one of the biggest risks to the market.
“The banks have joined leading property market researchers to forecast 7%+ increases in price across the capital cities and major...
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...
Welcome to the January 2022 property market update. Outlined below is a compilation of data sets which provide insight into how the market has performed to date, and also indicators for where the market is heading.
Buyer Search Activity
Australia’s housing...
Only a few months ago, property buyers were under the pump. Prices were leaping at the fastest pace many of us had ever seen and properties were being snapped up as soon as they came on to the market.
Property...
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across the ACT, Greater Melbourne, and NSW. More recently, major centres across the Northern Territory have been plunged into a snap lockdown.
In...
Nearly 30% of rental dwellings have been stripped from the Queensland market in two years as more than 160,000 investment properties were potentially sold to homebuyers, according to the 2022 PIPA Annual Investor Sentiment Survey.
The survey found that a staggering...
In a market as volatile as the Australian housing market, it can be difficult to know what to do in order to come out on top. Despite the media hype that ‘the market’ is falling, the reality is there...
“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...
The local housing market boom is in full swing, with each weekend bringing fresh news of frenzied property auctions and prices soaring well over reserves as desperate bidders vie to secure a foothold in the market.
What's more, there is...
We foreshadowed it and now it’s happening. The NSW Government announced the first part of their plan to address the housing shortage in December 2023 and it looks like they’re really leaning in.
Local Government Councils are the direct target,...
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