Property Deals Strong Despite Virus
Property transfer numbers for June are looking stronger than a year ago, says Property Exchange Australia (PEXA) chief executive Glenn King. New property listings are up across the nation and [...]
$72bil Projects to Create 66,000 Jobs
Almost $72 billion in major infrastructure projects across the country will be fast-tracked under an agreement between federal, state and territory governments that will cut approval times in half and [...]
HomeBuilder Grants Prompt Frenzy
The number of home buyers looking to build a new home has surged since the announcement of the Federal Government’s new HomeBuilder scheme. Residential development specialist Oliver Hume reported 156 [...]
$700m Program Activates Buyers
The Housing Industry Association estimates the Federal Government grant to new home builders and renovators could generate $15 billion in national economic activity. Reports suggest land buyers are highly active, [...]
Strong Demand Keeps Prices Stable
Reports of a stronger-than-expected job market and only modest house price declines during the Coronavirus lockdown suggest property values won’t fall as much as previously thought, say market experts. UBS, [...]
70% Of Investors Ready To Buy
Seven out of 10 property investors say it’s a good time to buy residential property with the majority also believing it’s ‘business as usual’, according to a survey by the [...]
CBA Relaxes On Interest-only Loans
Commonwealth Bank will allow borrowers who temporarily deferred repayments during the Covid-19 lockdown to switch to interest-only loans in the short term without the usual credit checks. Some people who [...]
Data Bodes Well For Spring Uplift
Australia’s traditional home selling season, Spring, could boom this year, experts say. President of the Real Estate Institute of Australia Adrian Kelly says listings are decreasing while inquiries from prospective [...]
Home Values Defy Pandemic
Property values remain higher than they were a year ago despite the economic impacts of Covid-19, according to the latest CoreLogic Home Value Index. For the first time since June [...]
Home Values Largely Unchanged
Capital city house prices have barely moved in the past three months despite forecasts they would fall by up to 30%. CoreLogic’s home value index shows capital city house prices [...]
