With interest rates at all time lows and with banks being supportive of purchasers, we are seeing many buyers wanting to take advantage of these factors. Obtaining secure credit on excellent terms while they are available, is certainly influencing demand. This is not only the case with first home buyers, but across all sectors of the market. Fortunately, we continue to see confidence in buyers with job security working in industries not materially impacted by the current economic environment.
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Modest cut for now as global turmoil continues Good news: RBA cuts cash rate by 0.25 per cent. While the cut will be welcomed by many, it has been driven primarily by continued global uncertainty brought about by the election of Trump in the US. Read Full Article
Australian property prices have continued their upward trajectory in April, with both houses and units posting solid gains amid a backdrop of significant political and economic shifts. Welcome to Ray White Now – May 2025. Each month, we take a deep dive into our data, with a focus on: House … Read more