Almost One Million Plan To Refinance
An October survey by comparison site Finder found 34% of mortgage holders plan to refinance over the next year. With 2.9 million mortgage holders in Australia, that’s nearly 986,000 Aussies [...]
House Prices Rise In Sept Quarter
The latest price data from Domain shows strong uplift in house prices right across Australia. Every capital city had growth in their median house prices in the September Quarter - [...]
FHB Loans Highest Since GFC
Australians are flooding into the property market in record numbers despite the country suffering its worst recession in almost 90 years. The Australian Bureau of Statistics has released data showing [...]
Buyer Demand Outweighs Home Supply
Nationally, residential sales are outpacing new property listings, vendor discounts are falling and it’s taking less time to sell a property, shows the latest CoreLogic data. The median vendor discount [...]
We Believe Recession Is Over: RBA
Reserve Bank deputy governor Guy Debelle says the RBA now believes the country’s first recession in three decades ended in the September Quarter. “As best as we can tell, the [...]
Affordability Best Since 2009
Housing affordability is at its best level since 2009 because of low interest rates and falling house prices in the biggest cities, says Moody’s Investors Service. “Housing affordability improved in [...]
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 [...]
