Is the property market about to face a new challenge—or a fresh opportunity? In this week’s Property Insiders chat, I’m joined again by Dr. Andrew Wilson, as we unpack the very latest in economic indicators and housing trends. I ask him: Whether inflation is finally tamed—and what it means for interest rates About the worrying…
What’s Really Happening With Property Prices Right Now? Every month, investors, homeowners, and would-be buyers turn to the latest median property price data, hoping to make sense of what’s happening in our housing markets. And while the numbers give us important clues, they don’t tell the full story. Right now, Australia’s property markets are still…
National home prices rose 0.39% in May, marking the fifth consecutive month of growth and a new record high for Australian home values, according to the latest PropTrack Home Price Index. Since the Reserve Bank’s February rate cut, price momentum has reaccelerated and broadened, with all capitals seeing prices lift. Ms Eleanor Creagh, Senior Economist at PropTrack…
Australian dwelling values rose another 0.5% in May, taking the national index 1.7% higher over the first five months of the year. The gains were broad-based, with every capital city posting a rise of at least 0.4% through the month. The continued momentum we’re seeing across almost all markets is no doubt being fuelled by…
Something significant is happening in Victoria’s rental market, something we haven’t seen in over two decades. And while it hasn’t made big headlines just yet, if you read between the lines, it points to a worrying trend for renters, a turning point for policymakers, and a potential opportunity for long-term investors who know how to…
Auction markets have continued to strengthen over the final week of autumn, with most capitals reporting higher clearance rates despite another surge in listings. This weekend’s auction results around Australia: Capital City This Week Auctions This Week Rate Last Week Auctions Last Week Rate Same Week Last Year Auctions Same Week Last Year Rate Sydney…
National home prices have increased again over May as another monthly fall in RBA interest rates enhances rising affordability and confidence. The national capital city median house price was up by 0.6% over the May quarter to $1,184,459 compared to the April quarter, according to the latest data from My Housing Market. National house…
The federal election campaign was dominated by the housing crisis. But the real power to solve it rests with the states. In Victoria, reforms are underway that promise a bigger boost to the housing aspirations of younger generations than anything that occurs in the federal parliament. Yet these reforms are now under threat of being…
If there’s one clear lesson to take from the market chaos of the last few months, it’s the enduring value of long-term thinking. For the last 90 days or longer, we’ve been handed a masterclass in why reacting to short-term noise rarely pays off, especially in property. Headlines have swung from doom to boom and…
Quarterly growth in combined regional dwelling values continues to outperform the capitals, however, the performance gap has narrowed since the start of the year, according to the latest Cotality Regional Market Update. The data shows regional dwelling values rose 1.5% in the three months to April, outpacing the 1.0% quarterly rise in the combined capital…
