• 05/07/2022

Category: Property Market

Who wins in a cooling property market?

Who wins in a cooling property market?

The property market is cooling – primarily due to rising mortgage rates.  However, many businesses can thrive in this environment. When rates are going up, just turning up at your local bank for a mortgage…

Are we in a property boom, a bust, or a normal market?

Are we in a property boom, a bust, or a normal market?

Elizabeth Redman| 30 May 2022| Domain Australia house prices: After the property boom, what is a normal real estate market? (smh.com.au) The property market has weakened since last autumn’s boom, but with plenty of competition…

The property type defying the downturn, for now

The property type defying the downturn, for now

Kate Burke| Domain| 20 June 2022 Australia house prices: The property type defying the downturn, for now (smh.com.au) Property prices for cheaper homes are holding up the best in Sydney and Melbourne’s cooling markets, while…

‘Correction’: The banks are predicting the biggest housing crash in decades. But will they be right?

‘Correction’: The banks are predicting the biggest housing crash in decades. But will they be right?

https://thenewdaily.com.au/finance/property/2022/02/09/banks-house-prices/ Matthew Elmas| The New Daily| 9 February 2022 There has been a big change in the outlook for house prices in the past week – two of Australia’s major banks are now predicting the…

Australia’s property market hits $688 billion in sales, up 57% in 12 months

Australia’s property market hits $688 billion in sales, up 57% in 12 months

https://www.pexa.com.au/news/australias-property-market-hits-688-billion-in-sales-up-57-in-12-months PEXA News Release| 9 February 2022 The Australian property market has proven its strength as the backbone of the nation’s economy during the global COVID-19 pandemic, with the national aggregate value of property sale…

‘A good sign for buyers’: Clearance rates drop as more homes hit the market

‘A good sign for buyers’: Clearance rates drop as more homes hit the market

Tawar Razaghi| Domain| 10 November 2021 https://www.domain.com.au/news/clearance-rates-drop-as-more-homes-hit-the-market-potentially-tipping-in-buyers-favour-1102611/?utm_campaign=strap-masthead&utm_source=smh&utm_medium=link&utm_content=pos5&ref=pos1 The property market’s high tide could slowly be turning, agents say, as more homes hit the market, stricter stress tests on borrowing kick in, the RBA signals rate…

$47,000 gone: Major new mortgage rules from Monday

$47,000 gone: Major new mortgage rules from Monday

Lucy Dean| Yahoo Finance| 30 October 2021 $47,000 gone: Major new mortgage rules from Monday (yahoo.com) Australians hoping to buy property will be forced to prove they can repay their mortgage if rates rise 3 per…

Why Todays Announcement Won’t Impact the Property Market that Much

Why Todays Announcement Won’t Impact the Property Market that Much

After a record-breaking year of property growth, the regulator has announced limitations on how much the banks can lend.  Accredited Broker believes that this will have a minimal impact. In an effort to stop stellar…

Housing price growth tipped to slow to 7pc

Housing price growth tipped to slow to 7pc

Michael Bleby| Australian Financial Review| 29 September 2021 https://www.afr.com/property/residential/housing-price-growth-tipped-to-slow-to-7pc-20210929-p58vsb Australia’s housing price growth will slow to 7 per cent next year as macroprudential controls add to the headwinds of worsening affordability, reduced immigration and incentives…

Australian housing values rising at the fastest annual pace since June 1989, but the monthly rate of growth continues to lose steam

Australian housing values rising at the fastest annual pace since June 1989, but the monthly rate of growth continues to lose steam

Tim Lawless| Corelogic| 1 October 2021 https://www.corelogic.com.au/news/september-2021-home-value-index?utm_medium=email&utm_source=newsletter&utm_campaign=20211005_propertypulse CoreLogic’s national home value index rose another 1.5% in September, taking Australian housing values 17.6% higher over the first nine months of the year and 20.3% higher over…

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