According to Roy Morgan 415,000 people are expected to retire over the next 12 months. From a younger person’s point of view this sounds like good news because it frees up jobs, but from an economic perspective it is a dire situation as dependence on government funding increases. ...
Affordability and underemployment will continue to worsen, many would-be-buyers will continue to be locked out of the real estate market. ...
The Reserve Bank has reduced the cash rate by 0.5% this year in an attempt to lower the Australian dollar and spur on the economy after the mining boom. The end result however has been further growth in house prices in the two major cities. ...
Melbourne Auction Results 21st of August 2016 75% Clearance Rate 646 Reported Auctions Sold at Auction: 487 Passed in: 159 Sold Before: 50 Sold After: 2 Source:REIV Market Wrap A clearance rate of 75 per cent was recorded this weekend ...
Melbourne Auction Results 31st of July 2016 78% Clearance Rate 516 Reported Auctions Sold at Auction: 466 Passed in: 133 Sold Before: 68 Sold After: 0 Source:REIV Market Wrap (REIV) A clearance rate of 78 per cent was recorded this ...
Property investors appear to back with May recording a solid growth in investor lending and rumours that lenders like CBA are struggling to keep up with a backlog of loans to be processed. So where is that slump we’ve all been waiting for? Late last week CoreLogic and TEG Rewards released their latest findings which will surprise many. ...