The number of Australian residential property sale listings rose in all capital cities during the month of May with the current asking price for a house in Sydney sitting at $1,092,200 and $616,600 for units. Read the full report from Louis Christopher of SQM Research on current national listing rises and asking prices. ...
Recent investment data indicates owner occupiers and investors are spending very little on new housing, but building approvals are hitting new record high levels. Just who is buying all this new stock? Cameron Kusher of CoreLogic RP Data analyses the Australian Bureau of Statistics (ABS) finance data for April 2015. ...
In this week's market wrap Pete Wargeant reports on the Sydney real estate property market which seems to be locked in a "frenzy". We also look at Sharon Fox-Slater's report of tenants on low incomes- rural rooming houses, city “slums in the sky” and accommodation-for-sex advertisements are becoming symptoms of a tough rental market. ...
Rural rooming houses, city “slums in the sky” and accommodation-for-sex advertisements have become symptoms of a tough rental market. Sharon Fox-Slater reports on worrying times for tenants on low incomes and looks at the findings of The Anglicare Rental Affordability Snapshot for 2015. ...
Are the banks holding enough in reserve in their balance sheet for a rainy day? Martin North reports that bank profits were $35.2 billion to March 2015 and analyses the (APRA) Prudential Regulator of the Australian Financial Services Industry's quarterly ADI performance statistics. ...
The Sydney real estate property market seems to be locked in a "frenzy", so what will bring the property boom to an end? Pete Wargent analyses the latest housing finance figures and discusses the Melbourne and Sydney auction markets. ...