Over 18 Years of experience in selling properties in Australia and Malaysia
Australians struggling to break into the housing market are set to “struggle even more”, with new research suggesting COVID-19 lockdowns may be fuelling prices. The locked down cities of Sydney and Melbourne will have property price rises of 8 and 9 per cent respectively in the next 12 months, according
Nine out of every 10 Australians who sold their homes in the first part of the year made a profit, bringing them in a stunning $30.6 billion in extra cash, a new report has revealed.
Owner-occupiers are fuelling a record high level of new loan commitments for housing, with Australian Bureau of Statistics figures showing a 3.7 per cent rise in April. New mortgage commitments hit a record high of $31 billion in April, in seasonally adjusted terms, up from $30.2 billion in March. ABS
House prices across Australia will rise by 15 per cent by the end of the year before slowing to just 5 per cent in 2022, a new Westpac Housing Pulse has revealed. The quarterly report, released this week, revealed markets across Australian capitals are in a “fully fledged, broad-based boom”.
Australia’s property boom has picked up pace again, with national housing values rising 2.2 per cent in May, new data shows.
Australia’s rapidly rising property prices have started to slow, with new figures showing price growth eased last month after hitting a 32-year high in March.
Owning a home is a keystone of wealth… both financial affluence and emotional security.