Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.
This week RP Data’s Cameron Kusher reported that almost two years have passed since the property market kicked in again and commenced another cycle of growth. Looking back at how the market performed over this period, he found that a larger proportion of home sales crept into the higher price brackets ...
A raft of property data was released this week, confirming that while housing finance fell in December, house prices remained strong overall. In his weekly market commentary, Peter Sarmas discussed the Reserve Bank's latest interest rate decision, and what this means for the property market moving forward ...
Quite a lot of real estate data has been released this week! Let’s start with the ABS Housing Finance Approvals series. The one thing I find quite amusing is that there are so many different numbers in this series that almost anyone with a particular agenda can pull out a number that best suits them ...
The number of Australian residential property listings rose during January, after a quiet period over Christmas. Nationally, stock on market came to a total of 342,157 – a monthly rise of 1.3 per cent. Sydney and Melbourne were the only two capital cities to record falls for the month; falling by 3.4 per cent and 1.9 per cent respectively ...
The debate around housing affordability has been hotly contested with no clear winner. Part of the problem is that housing affordability means different things to different people. Central to the concept is a person’s ability to pay for their dwelling; if we start from this basic premise, then there is evidence that housing in Australia is affordable ...
Even the best insurance policies can leave you exposed if you don’t insure for an adequate amount. The problem is that it’s difficult to work out how much it would really cost to rebuild if disaster happens. Study after study shows that Australians tend to underinsure. Every time there’s a major disaster, we hear about more cases ...