Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.
The boom in the inner Sydney apartment market is expected to continue over the next couple of years on the back of buoyant investor demand, underpinned by low vacancy rates, the expectation of further price growth and low interest rates, says leading industry analyst and economic forecaster BIS Shrapnel ...
The Reserve Bank has confirmed that the official cash rate is likely to remain on hold for some time and that the outlook for the economy is uncertain. Despite a stream of negative predictions in the property market, Peter Sarmas argues against a collapse, citing improved consumer confidence and a rise in investment activity as reasons ...
The number of national residential vacancies decreased very slightly during July. A stable national vacancy rate of 2.3 per cent was recorded, which consists of 67,190 vacancies. Higher vacancies allude to an increase of supply in the rental market, shifting the balance of power from landlords to tenants ...
This week the RBA released the minutes from its August 5 meeting. Unsurprisingly, they revealed that interest rates should remain on hold for some time. The Board judged that monetary policy was appropriately configured and that, on present indications, the most prudent course was likely to be a period of stability in interest rates ...
Due to a reduction in the number of homes coming onto the market, buyers could struggle to find a property during the spring selling season. Peter Sarmas discusses this tightening supply, as well as a recent surge in higher priced properties and the impact this is having on the overall market ...
The number of Australian residential property listings decreased during July, taking national stock on market down to levels not witnessed since February 2011. Nationally, the number of unsold properties on the market has been recorded at 334,683 for July 2014 – a -3.6 per cent decrease month-on-month ...