House prices to peak in mid-2022
Regional markets have continued to climb. The combined region’s home price index rose by 1.6 percent in February. The CBA reported said, “Stock remains low in regional Australia and many retirees are moving out of the major capital cities to regional Australia, particularly the coastal fringes,” and this has supported strong price gains. Check out […]
More Australians now considering Property Investment
More Australians are considering property investment, according to new research from the Commonwealth Bank. The number of people who aspire to purchase a property has jumped four percentage points. This rise is likely due to more manageable property prices in combination with low-interest rates and favorable lending standards. Check out the full details here: https://bit.ly/3pPwYWt
Australia makes top 5 for Global House price growth
Australia has returned to a top-five position in a quarterly global house price index, having achieved 18.9 percent annual price growth. Globally, prices rose 9.4 percent on average across the 56 countries and territories covered by the index, with 96 percent of nations showing positive year-on-year increases, Knight Frank revealed. Check out the full details […]
Rental demand hits record high
City life is recovering, international travel has resumed and many people are returning to capital cities – all drivers of rental demand. At the same time, demand for rentals in regional hubs remains strong. Check out the full details here: https://bit.ly/3J5rSNv
Owners cash in as residential resale gains skyrocket
The biggest returns on residential resales were made in years not decades as profit-making resales across Australia continue to rise. Owen said, “The increase in the rate of profit-making sales is a reflection of strong capital growth across Australian dwelling markets despite Covid-induced disruptions to transaction activity”. Check out the full details here: https://bit.ly/3u9Sh6P
