It was very likely that when the latest CoreLogic data was released on house prices, there were a number of doomsayers who were a little disappointed. While prices across the major capital cities did decline by -0.5 per cent, this is a long way from the 30 per cent falls that some were suggesting. Overall, while there…
Property prices have started the year in the same fashion they ended 2019, but the RBA is starting to take note. The latest data from CoreLogic has shown that over the January period, house prices in both Melbourne and Sydney have continued to push higher and there appear to be more increases in store for…
As investors and homeowners have been cheering the recent rebound in house prices in Sydney and Melbourne, the housing regulator is once again keeping a close eye on how it is unfolding. Over the most recent quarter, house prices in Sydney and Melbourne have rebounded sharply. Sydney has increased in value by 3.5% in the…
There is growing speculation that the RBA is rapidly running out of bullets to fire after the latest rate cut saw the official cash rate fall to a record-low 0.75%. But that hasn’t dented the sharp rebound in property prices with prices jumping by record levels during September. The move by Governor Lowe and the…
Hi Everyone Commentators are divided as to the likelihood of the Reserve Bank of Australia announcing another interest rate cut in August, especially in light of the June Quarter CPI report that has just been released. The uncertainty surrounding Tuesday’s decision is reflected in the market, where pricing for a rate cut is about 50-50….
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