The Ups and Downs of Sydney’s House Price Cycle

The Ups and Downs of Sydney’s House Price Cycle

Anyone who has been in real estate long enough understands that property is cyclical in nature. There are periods of strong growth, followed by lengths of time where prices either stagnate or fall. But over the long run, prices continue to rise, and this has been a great builder of wealth for many Australians. Now…

Home Values Rising At The Fastest Pace In 32 Years

Home Values Rising At The Fastest Pace In 32 Years

The latest set of figures from CoreLogic has confirmed what most homebuyers already know, which is that house prices are rising at a record pace. In March, house prices increased in value by 2.8% across Australia, which is the fastest rate we’ve seen since October 1988. Spurred on by record-low interest rates and a host…

Property Prices Rise As Markets Favour Sellers

Property Prices Rise As Markets Favour Sellers

Property prices across the country are continuing to rise thanks to a combination of low interest rates and low supply, and in the process creating a tricky environment for buyers. According to the latest data from CoreLogic, house prices rose nationally by 2.1% in February, marking the biggest one-month gain since 2003. Notably, both Sydney…

House Prices To Continue Rising in 2021
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House Prices To Continue Rising in 2021

When COVID was beginning to unfold across Australia and the world in the early part of 2020, property experts and media pundits began to predict sharp falls in house prices. The Commonwealth Bank forecast a potential 32 per cent house price crash with the other major banks also believing we would see similar drops over…