Units Join Price Growth Trend
Units are proving popular with buyers, with new data revealing record high demand in many suburbs. CoreLogic figures show demand for units in suburbs with desirable lifestyles are on the [...]
97% Of Regions Are Growing
A handful of neighbourhoods have missed Australia’s soaring house prices, with just 11 areas across the country recording price falls in recent months – most of them remote rural areas. [...]
Record Building Expands Further
A record year of housing construction in Australia is set to be even bigger than first expected. The Housing Industry Association is forecasting 143,700 new builds this year, plus record [...]
Tassie Economy Leads, WA Rises
CommSec’s State of the States report has ranked Tasmania the nation’s best-performing economy for the fifth quarter in a row, the ACT remains in second spot. CommSec economist Craig James [...]
CBA Rejects Bubble Fears
Commonwealth Bank CEO Matt Comyn has dampened concerns about rising house prices, saying the growth spurt is being fuelled by owner- occupiers, not investors piling into the Sydney and Melbourne [...]
Interest Payments At 35 Year Low
The share of household income being used to pay interest on debt has fallen to the lowest level in 35 years, freeing up tens of billions of dollars a year [...]
CBA Predicts Housing Surge
Australia is on the “cusp of a housing boom”, according to the Commonwealth Bank, which has forecast house prices will rise 16% over the next two years. An economics issues [...]
Low Listings Boost Prices
We have started 2021 with low inventory levels, with available supply falling short of accelerating buyer demand, new research has revealed. With the housing market on a rising trajectory, buyers [...]
Experts Forecast Double Digit Growth
Real estate analyst Simon Pressley has joined Hotspotting’s Terry Ryder in forecasting a boom year for Australian house prices in 2021. Pressley, Propertyology’s head of research, predicts that five out [...]
Prices Up Across Capital Cities
The Real Estate Institute of Australia says the country’s housing market proved to be resilient over 2020 despite the impacts of the pandemic, with price rises recorded in most states [...]