Housing market consumer sentiment moves into negative territory
For the first time in a year, the Westpac Melbourne Institute Consumer Sentiment index reflects that the ‘Time to buy a dwelling’ reading has dropped below...
Smaller capital cities are the outperformers of the last 12 months | Is the tide turning?
The latest CoreLogic property index results for May reveal that...
How the upper quartile performs in a falling and rebounding market
In a bull market, the upper quartile (top 25%) tends to outperform, as is happening at the moment. This is because...
Capital cities are up on regionals for the month and the quarter
After over a year of regional cities outperforming capitals, due to the pandemic induced sea and tree change, the tide has turned. As we predicted at the start of the year...
Sydney prices taking flight
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...
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!
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...
Australian’s on the spend – a consumer driven recovery
The household savings ratio of income we save (normally at ~5%) hit historic highs of 19% in 2020, and dropped to 12% by the end of 2020. Savings levels are expected to fall further to...
Auction results – 3 May 2021
Highlights from last weekend's auctions include:
