Property market news

Customer-owned banks grow rapidly in 2019

Customer-owned banks (aka mutual banks) have emerged from a tough 2019 relatively unscathed, according to a new independent report from KPMG.

By William Jolly ● November 26, 2019

REIQ: No winners under QLD rental reforms

The Real Estate Institute of Queensland (REIQ) has slammed changes to Queensland rental legislation, labelling them reckless and damaging.

By Alex Brewster ● November 22, 2019

10 Sydney property market predictions for 2020

Australia’s most-talked-about property market, Sydney, looks to be heating up at the moment, with a 5% gain in median home values over the three months to 31 October 2019.

By William Jolly ● November 21, 2019

Commbank, Westpac predict the next rate cut will occur in February 2020

Major banks Westpac and Commonwealth Bank have held their view that the next Reserve Bank rate cut will occur in February next year, after the central bank released the minutes of its November cash rate meeting yesterday.

By William Jolly ● November 20, 2019

Where are the hottest places to buy property?

New research has unveiled the region with the strongest growth in Australia right now isn’t quite where you might expect.

By William Jolly ● November 15, 2019

Renters feeling the squeeze more than homeowners

Renters and homeowners feel differently about many things, and a new survey from the ABC has revealed just how different they really are.

By William Jolly ● November 14, 2019

Australians are feeling more optimistic about the housing market: ME Bank

New research shows Aussies are feeling positive about the property market and are confident prices will rise, which could spell the end for first home buyers to buy ‘at the bottom’ of the market.

By Emma Duffy ● November 13, 2019

Average new Aussie house shrinks to smallest size in 17 years

While the size of the average Aussie home loan continues to grow, the physical size of the average Aussie house appears to be shrinking.

By Dominic Beattie ● November 11, 2019

Fewer first home buyers as property prices recover

For the first time this year, the monthly number of new loans to first home buyers has fallen, perhaps reigniting housing affordability concerns as property prices rebound.

By Dominic Beattie ● November 08, 2019

Big banks lose market share in tough home loan environment

The major bank’s market share of residential mortgages fell by nearly 100 basis points to 81.2% in 2019, as subdued lending conditions and more intense competition put the squeeze on.

By William Jolly ● November 08, 2019

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