Sydney prices are on fire, and as the final negative months of last years drop away from the annual figures, national property growth rates will start to jump up to above 15%, and even 20% in the coming months which will see the political pressure rise significantly on the government and APRA to make changes to assist with affordability for first time buyers as this becomes daily front page news.
The number of vendors lifting their asking price mid-campaign has dropped
New data from Domain reveals that the percentage of vendors who increase their asking price mid-campaign has lowered from March to April for…
Market update – The Property boom continues, median values, rental demand and RBA minutes (Ep. 104)
In this week’s episode of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through “The Property boom continues, median values, rental demand and RBA minutes”
Economics 101 – How inflation, wage growth and unemployment drive RBA rate movement
The RBA have consistently communicated since mid-2020 that rates will remain low until inflation hits the target band and remains there for a sustainable period. So, let’s do a quick 101 education session to connect the dots on what the RBA are saying and why!
Property listings data shows the strength of the market | May
Although new listings are coming on to the market, the total number of listings is still…
Home values rally in May after subsiding in April | May home value index results
The May property results are in, showing a national increase of 2.2%, following 1.8% growth in April and the national growth rate has now cracked 10% over the last 12 months. The May pick-up could be due to…