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They are the dream homes we’ve long drooled over in glossy real estate pages. Here’s what’s happening in luxury property at a time when attention is focused on the other end of the market—affordable first homes. Since the broadening of the federal government’s 5% Home Deposit Scheme, there has been a huge amount of analysis… Read more »
I came across a fascinating research report from Ray White economist Atom Gi Tian during the week, which shows that homeownership remains within reach for most Australians. Atom also shows that different housing policies across countries can be just as effective. The OECD’s latest data puts Australia’s combined homeownership rate at 62.7 per cent, steady… Read more »
First home buyers: are you staring at property prices going ‘WHAT?’ Wondering if you’ll ever be able to afford the home you want, where you want? What if you can’t rely on the Bank of Mum and Dad? Register now for our latest free webinar – The future for first home buyers: How to get… Read more »
According to property giant Ray White, over the past 25 years, property sales levels have moved through repeated boom and bust cycles, ranging from fewer than 380,000 sales a year to more than 580,000. Ray White chief economist, Nerida Conisbee, says volumes spike when financial conditions and confidence improve and collapse when they tighten, regardless… Read more »
This will be very welcome news for any home owner … Louis Christopher’s Boom and Bust Report is one of the most eagerly awaited property reports of the year. SQM Research has now released the latest edition – and here’s what it predicts: Spot on Longtime readers will know I highly rate Louis and… Read more »
I’ve talked a lot about Australian property prices but just how do they compare with overseas markets? I know every market is different but a comparison does bring some perspective. The below chart from the Organisation for Economic Co-operation and Development (OECD) shows that from an affordability perspective, Australian property is expensive. The OECD does… Read more »
With a rate cute and potentially more on the horizon, how can you make the most of it? Here’s what I think … A 0.25 per cent cut in interest rates wasn’t a big surprise to me at the recent Reserve Bank board meeting. What was, howver, is that they debated a 0.5 per cent… Read more »
Trying to enter the property market for the first time? Here is some refreshing news … According to Ray White chief economist, Nerida Conisbee, now is a particularly good time for first home buyers to be considering property. House prices have slowed, and are in fact declining in many places, plus there are a wide… 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 »
