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Articles by Andrew Wilson

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Dr Andrew Wilson is Australia’s leading housing market expert. As senior economist for Fairfax-owned Domain Group, Dr Wilson is one of the nation’s most respected real estate analysts and Australia’s highest profile housing market commentator. Visit his blog at Domain


Melbourne, Hobart and Canberra the only capitals with house price growth over the September quarter
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Melbourne, Hobart and Canberra the only capitals with house price growth over the September quarter

Capital city housing markets have generally tracked backwards over the September quarter as the lower interest rate driver of recent years dissipates.  Actions by policymakers to restrict residential investor activity through tighter lending conditions to that group have also acted to weaken prices growth over the last three months.   Domain reports that the national median…

Rental vacancy rates tighten over August
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Rental vacancy rates tighten over August

Home rental vacancy rates have generally tightened over the past month as the usual seasonal impacts recorded over August increased demand for tenancies. The national vacancy rates for houses, units and total homes all fell marginally over August and remain well below that rates recorded over August last year. All capitals reported declines in vacancy…

Home prices keep rising – where’s the bubble?
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Home prices keep rising – where’s the bubble?

House prices in most capital cities have continued to rise into winter although the rate of growth has generally moderated as the recent driving force of last year’s interest rate cuts eases. National house price higher but growth rate sliding The national median house price increased by 1.7 percent over the June quarter to a…

Annual home rents surging in most capitals
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Annual home rents surging in most capitals

Tight rental markets in most capital cities continue to put strong upward pressure on rents with annual increases now surging ahead of incomes growth. Latest Domain data reports that Canberra, Melbourne and Sydney have clearly recorded the highest annual growth rates with May quarter median weekly asking house rents increasing by 6.4 per cent, 5.0…

Tighter rental markets more bad news for tenants
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Tighter rental markets more bad news for tenants

Capital city rental markets remain tough for tenants with generally tight and tightening vacancy rates reflecting overall chronic shortages of accommodation. All capitals reported vacancy rates for houses below 2.0 per cent over April with the exception of the mining capitals of Brisbane, Darwin and Perth.  The Darwin and Perth rental markets are however now…

Investors surging despite bank action
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Investors surging despite bank action

Residential investor activity continues to surge despite policy initiatives from APRA the financial regulator that have led to higher interest rates and restrictive lending from banks designed to curtail market share from this group. Latest ABS data reports that national lending to residential investors soared over March, increasing sharply by 27.1 per cent to $13.87bn….

More rent rises a nightmare for tenants
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More rent rises a nightmare for tenants

House rents still increasing for most capitals House rents have continued to rise in 2017 with rental markets in most capital cities tightening and providing no relief for tenants.  Most capital cities recorded increases in house rents over the quarter with Hobart reporting the highest growth rate of 5.7 per cent to a new record…