Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from Cotality (formerly CoreLogic) paints an interesting picture. After moving through the most diverse conditions since 2007, growth rates across Australia’s capital cities have tightened to the narrowest range in over 4 years, according to Cotality’s latest data….
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…
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…
Australia is in the grip of a housing crisis — and if you’re hoping our new government will be the solution, I hate to break it to you… They might just make things worse. While Labor’s fresh election win was met with plenty of optimism, especially around their promise to tackle housing affordability, when you…
Prime Minister Anthony Albanese’s purchase of a $4.3 million cliffside “holiday home” last year raised the ire of voters, but he isn’t the only politician with an enviable property portfolio. With nearly half of Australia’s federal politicians owning multiple properties, many Aussies are questioning whether those tasked with solving the housing crisis are instead profiting…
Australia’s housing crisis has become a fierce political battle that could have major implications for the outcome of the upcoming federal election. The problem is there are no quick fixes to the housing crisis, yet both the Coalition and Labor continue to chase short-term solutions that don’t address the real issues. Anything easy and popular…
It was March 11th 2020 when the World Health Organisation declared COVID-19 as a global pandemic. Although the onset of the pandemic is now five years behind us, the influence on housing markets is still being felt. One of the most significant factors five years on from March 2020 is how housing values have changed….
Like every other year, the commencement of this new year has ushered in a flurry of property market forecasts. And now that the RBA has delivered its first rate cut, like clockwork, media outlets are abuzz with projections from economists and market commentators, all eager to share their predictions about the trajectory of property prices,…
Now that the RBA has cut the cash rate for the first time in 5 years what does this mean for our housing markets? In this round table discussion I’m joined by Dr. Andrew Wilson and Brett Warren as we discuss what to expect next, when the next rate cut may occur and which market…
Watch an exclusive, time-sensitive expert roundtable on the upcoming RBA interest rate decision. I’m joined by Dr Andrew Wilson and Brett Warren as we look at the case for and against. Don’t miss this in-depth analysis.