Confidence In Housing Market Booms
Confidence in the Australian housing market is rising, with a Westpac consumer survey revealing a strong uplift in consumer sentiment. The national “house price expectations” index grew by 32% to [...]
Investors Turn Focus To Smaller Cities
Smaller cities can expect an increase in demand from investors as the big cities lose their appeal in the wake of Covid-19, according to new research from CoreLogic. CoreLogic head [...]
FHBs Buoyed By Grants, Low Rates
First-home buyers are rushing into the property market, heartened by the fact that Covid-19 has not adversely affected the property industry and spurred on by low interest rates and government [...]
Extra Payments To Mortgages Increase
Voluntary payments into mortgages doubled in July, August and September from the previous 12 months, as home loan borrowers paid extra to build a buffer. Data from non-bank lender Firstmac [...]
Home Listings And Confidence Rise
New home listings rose in September, heralding an increase in property market confidence as the Spring selling season gets under way. Listings of homes for sale rose across the country, [...]
Housing Triumphs Over Covid-19
Home lending rose 12.6% in August, the highest monthly figure since January 2018. The latest data from the ABS shows that annual growth in home loans was 19.3%, confirming that [...]
Credit Laws Allow Buyers Extra $70K
Home loan customers may be able to borrow up to $70,000 more under changes to the consumer credit laws, says Canstar group executive of nancial services Steve Mickenbecker. The changes [...]
Business Conditions Improve: NAB
Business conditions improved in September, recording an increase in the areas of trading (up 6 index points), profitability (up 2 index points) and employment (up 8 index points), according to [...]
Budget Will Boost Housing Market
The housing market will be greatly boosted by this week’s Federal Budget, with Treasurer Josh Frydenberg announcing $507 billion in tax cuts, cash payments and wage subsidies to drive business [...]
Sales and Listings Rebound: CoreLogic
Consumer sentiment is rebounding while the increase in auctions has signalled a positive upturn in the housing market. Data from CoreLogic shows the number of new ‘for sale’ listings in [...]
