Most agents - so the story goes - get into real estate because they love property and they love helping people. And the chance to earn a small fortune is pretty alluring too. But within just a few short months, they are destined to hate both houses and people - and be broke - burned out by psychotic...
With the release of March 2018 quarter CPI data it shows that in inflation adjusted terms, dwelling values are now lower than they were at their peak in most capital cities. According to the Australian Bureau of Statistics (ABS), the consumer price index (CPI), which measures inflation, increased by 0.4% over the...
Earlier last week the Reserve Bank (RBA) published their latest household finance ratios which showed the ratio of household and housing debt to disposable income continued to climb over the December 2017 quarter, reaching a new record high. Each quarter, the RBA publishes a spreadsheet of selected household...
After many years of strong increases in dwelling values, the two largest housing markets, Sydney and Melbourne, have begun to see values fall over recent months. While values are declining in both cities the speed of the declines vary greatly, both compared to one another and compared to other recent downturns...
CoreLogic’s stratified hedonic home value index shows the most expensive sector of the market is slowing rapidly as has been the case in other recent housing market slowdowns. The stratified hedonic index measures the change in values across three broad value based segments of the housing market: the most...
Who knew there was more than one way to update the exterior of your home. Render is certainly having it’s moment but if it’s not within your budget modernising the exterior gets popped into the too-hard-basket. There’s plenty to ponder before making the change and there are other options available to you...
Article first published on AB+F. The Sydney housing market has remained a contentious subject over the past 12 months, with 2017 recording its fair share of ups and downs – depending on your perspective of course, says CoreLogic head of research Tim Lawless. Despite the recent slide in dwelling values across the...
With investor activity easing and attractive incentives becoming available in NSW and Vic, there has been a rebound in borrowing by first home buyers over the past year. The Australian Bureau of Statistics’ (ABS) housing finance data includes data on first home buyer housing finance commitments, specifically for...
The papers are signed and they’ve handed over the keys, you scored yourself a winner, finally! Congratulations! Now you can bring everything you envisioned for your new property to life. The beauty of purchasing an old home is that it is littered with remnants of another time, it has character (if you will)...
Changes to migration policy would dampen housing demand, likely impacting the New South Wales housing market more than others. The latest population data from the Australian Bureau of Statistics was released recently, which showed the national population is rapidly approaching the 25 million mark, with 395,613 more...