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As Australian real estate prices across the country continue to rise at a rapid pace, we’re starting to see the same old headlines getting rolled out about investors rushing back into the market. However, the truth of the matter appears to be a little different.
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 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…
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…
