![How will APRA's sledgehammer impact our housing markets? | Property Insiders [Video]](https://cdn.statically.io/img/cdn.propertyupdate.com.au/wp-content/uploads/2018/05/AdobeStock_141193813-270x200.jpeg?quality=70&f=auto)
There’s now a light at the end of the tunnel and that’s great for our wellbeing, our lives, and our property markets. With Covid related restrictions slowly being lifted in Sydney and Melbourne, life is getting back to a more Covid normal, and the pent-up demand from the last couple of months should ensure our…
Wondering what will happen to the Melbourne property market this year? Are you wondering what will happen to the Melbourne property market over the balance of 2021 and into next year? Well… based on how the market has been performing so far it’s likely that will see high double-digit Melbourne house price growth in 2021,…
What’s the outlook for the Australian property markets for the rest of 2021 and beyond? This is a common question people are asking now that our real estate markets are opening up from the Covid Cocoons of lockdown. Despite a sequence of fifteen State or Territory lockdowns so far this year, property prices have been…
Westpac has upgraded its forecasts for Australian dwelling prices yet again. Markets continue to show very strong momentum with only a slight dampening effect from the latest COVID lockdowns. The bank expects property prices to rise 22% for the full 2021 calendar year (up from its previous forecast of 18%) and has also lifted its…
Call me biased, but I think Queensland is a great place to live and Brisbane property is a great place to invest. It’s no secret that Queensland offers a lifestyle you are hard-pressed to find elsewhere. With an appealing climate, boundless natural beauty, and with Brisbane, a more affordable option to other metropolitan areas such…
Australia’s unemployment rate rose 0.1% over September to 4.6%, the Australian Bureau of Statistics said. The nation lost 138,000 jobs over the month reflecting the labour market damage inflicted by lockdowns across New South Wales and Victoria. However, the topline unemployment rate does not tell the full story of Australia’s labour market, with workforce participation…
Believe it or not…Australia’s household wealth has skyrocketed over the last two years despite enduring a once in a hundred-year pandemic and the first recession in three decades. Household wealth rose 5.8 per cent or $735 billion in the June 2021 quarter to a record high of $13.4 trillion. As a result, the average net…
It’s time to look back and see how our auction markets performed over the last few months. There were 23,184 homes taken to auction across Australia’s capital cities over the three months to September 2021. This is down from 31,605 over the previous quarter, although increasing on the 14,216 auctions held over the September 2020…
There is a serious problem regarding home loans, which is affecting tens of thousands of Australians according to Doug Mathlin, founder of Smart Borrower. He believes too many Australians are paying too much interest over the life of their home loan. So he wrote a letter to Federal Treasurer Josh Frydenberg proposing what he said…
![Corelogic National Housing Market Update [video] | October 2021](https://cdn.statically.io/img/cdn.propertyupdate.com.au/wp-content/uploads/2017/10/House-business-section-analysis-270x200.jpg?quality=70&f=auto)
CoreLogic’s national home value index rose another 1.5% last month, taking Australia’s housing values 17.6% higher over the first nine months of the year and 20.3% higher over the past 12 months. The annual growth rate is now tracking at the fastest pace since the year ending June 1989. The monthly change in housing…
