Auction clearance rates have spiked over the weekend, pointing to renewed confidence in the market after weeks of uncertainty leading up to the federal election.
The governor of Australia’s central bank has ostensibly given Australia a heads up that the cash rate will be cut next month for the first time since August 2016.
Property research firm Propertyology has revealed its hottest – and the coldest – local government areas for property investors, and most of them lie outside the major cities.
Good news for wannabe first home buyers – Australian housing has recorded the biggest quarterly improvement in affordability in nearly six years, according to the voice of Australia’s residential building industry.
The election is over and the Liberals have retained government in a somewhat surprising result. Will this cause house prices to rebound, or will they continue to fall?
With Australia’s central bank widely expected to cut the cash rate in the coming months, more lenders have this week made rate cuts to some of the mortgages on offer.
The low number of new homes being built this year is “of concern” to the Housing Industry Association (HIA) who had not anticipated such a rapid rate of decline.