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The nation’s capital cities are all experiencing a similar rental market trend, but in Brisbane, it is a totally different story. Here’s why. According to real estate giant Ray White, we’re seeing a national slowdown in rental growth. Average household sizes are returning to pre-COVID levels, creating additional capacity in the market. While housing supply… Read more »
A trade war has a far-reaching impact. Here are three possible scenarios of how it could affect Australia’s property market. While the overwhelming majority of property resales are earning nice profits for their owners, there is a lot of uncertainty on global financial markets. The most immediate reaction to this uncertainty is always reflected in… Read more »
Buyers are starting to see a drop in housing values, but we still need increased supply to make property affordable – and it’s not happening anytime soon. It does make me laugh. When the residential property market is booming, all the media coverage is focused on the lack of affordability for first home buyers. My… Read more »
A terrific report from Ray White chief economist, Nerida Conisbee, has us thinking about the outlook of Australia’s two-speed property market. There are two distinct markets at the moment, although both are showing signs of slowdown. The coolest markets are Sydney, Canberra, Melbourne and Hobart with these cities having increased on average by 2.9 per… Read more »
‘Strike when the iron is hot’, the saying goes. When it comes to buying property, people tend to be wary of a heated market with high interest rates. But here’s how you can take advantage. Not too late The residential property market has shown great growth over recent years and when markets are this high,… Read more »
Most would agree that the Australian property market has been nothing short of turbulent in the past few years, so much so that Melbourne has found itself in an unusual position … Once the second-highest city in terms of median dwelling values, it has since been relegated to sixth place – overtaken by all other… Read more »
