Our daily Melbourne property market updates are written by experienced property commentators, buyer advocates and investment experts. All have their finger on the pulse of the Melbourne property market.
By Louis Christopher on 28 Mar 2014 1 Comment
SQM Research has revealed thousands of residential properties selling under distressed conditions on the market, via our recently released Distressed Properties Report. The report has revealed that 11,437 properties in total are selling under distressed conditions, representing 3.3 per cent of total current listings ...
By CoreLogic RP Data on 28 Mar 2014 No Comments yet, your thoughts are very welcome
The RP Data Rismark March Home Value Index Results will be released on Tuesday 1 April by 10am. According to RP Data research director Tim Lawless, the RP Data-Rismark Daily Home Value Index for the five major capital cities has shown a near record level of growth throughout the month of March ...
By Street News on 28 Mar 2014 No Comments yet, your thoughts are very welcome
Housing affordability declined slightly in the December 2013 quarter as the positive impact from previous interest rate cuts tapered off, said the Housing Industry Association, the voice of Australia’s residential building industry. In 2014 we are likely to see further gains in residential property prices ...
By CoreLogic RP Data on 27 Mar 2014 No Comments yet, your thoughts are very welcome
Why does latest Australian Bureau of Statistics (ABS) housing finance data report show a slight fall in demand for investment property? Last week, RP Data further explored the latest ABS results, where it was reported that the total value of housing finance commitments for investment purposes was recorded at $10.3 billion in January 2014 ...
By CoreLogic RP Data on 22 Mar 2014 No Comments yet, your thoughts are very welcome
At the meeting the RBA board decided to keep official interest rates on hold at 2.5 per cent and flagged that a period of interest rate stability was the most likely course of action from here. Perhaps the most interesting portion of the minutes related to financial stability and the housing sector ...
By Peter Sarmas on 22 Mar 2014 No Comments yet, your thoughts are very welcome
The Reserve Bank of Australia has released the minutes from its March 4 meeting, which indicate that interest rates are likely to remain at record lows for some time. This is expected to drive new housing activity throughout 2014. On Street News this week, Peter Sarmas examines inner city price rises in the Melbourne property market ...
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