Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.
By Street News on 28 Mar 2014 No Comments yet, your thoughts are very welcome
Housing affordability declined slightly in the December 2013 quarter as the positive impact from previous interest rate cuts tapered off, said the Housing Industry Association, the voice of Australia’s residential building industry. In 2014 we are likely to see further gains in residential property prices ...
By CoreLogic RP Data on 27 Mar 2014 No Comments yet, your thoughts are very welcome
Why does latest Australian Bureau of Statistics (ABS) housing finance data report show a slight fall in demand for investment property? Last week, RP Data further explored the latest ABS results, where it was reported that the total value of housing finance commitments for investment purposes was recorded at $10.3 billion in January 2014 ...
By CoreLogic RP Data on 22 Mar 2014 No Comments yet, your thoughts are very welcome
At the meeting the RBA board decided to keep official interest rates on hold at 2.5 per cent and flagged that a period of interest rate stability was the most likely course of action from here. Perhaps the most interesting portion of the minutes related to financial stability and the housing sector ...
By Peter Sarmas on 22 Mar 2014 No Comments yet, your thoughts are very welcome
The Reserve Bank of Australia has released the minutes from its March 4 meeting, which indicate that interest rates are likely to remain at record lows for some time. This is expected to drive new housing activity throughout 2014. On Street News this week, Peter Sarmas examines inner city price rises in the Melbourne property market ...
By Louis Christopher on 20 Mar 2014 No Comments yet, your thoughts are very welcome
Figures released by SQM Research this week have revealed that the national residential vacancy rate decreased even further during February. Of particular interest this month is Melbourne’s vacancy rate figures, after the capital city recorded its lowest vacancy rate since May 2011 ...
By Urban Melbourne on 19 Mar 2014 No Comments yet, your thoughts are very welcome
News reports have flowed thick and fast of late detailing Melbourne's robust hotel sector. Recent AFR articles show hotel occupancy rates have increased by nearly 4 per cent year-on-year. Investors and operators hold bullish sentiments for the future, while Melbourne maintains the lowest national major city room rate averaging $182 ...
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