There’s a huge amount of activity going on right now in the real estate market, and we can be confident that it will continue for the balance of 2020. As the Big Four banks agree, no one can be certain what awaits us next year.
Read the latest market insights: Ray White Now Vol. 16 digital
Inflation eased in June. Fuel prices drove most of the improvement. Strip them out and the picture the Reserve Bank is watching – underlying inflation, housing costs, the labour market – has not moved. The Reserve Bank has left the cash rate unchanged, choosing to wait for further evidence on whether the interest rate increases … […]
The housing downturn is now broadening across cities and price points. How far prices can fall from here depends on a variable that most of the conversation has not caught up with: the cost of building a replacement home. Australia’s housing downturn is now underway. Higher interest rates have reduced borrowing capacity, lifted mortgage repayments … […]