After the intense crazy year, record-low borrowing costs and government efforts to stimulate the economy, the Australian housing market finished 2020 on a high and is primed for further growth in 2021.
Read full article: Ray White Now – January Edition
The Reserve Bank of Australia has held the cash rate steady at 3.60 per cent, opting for caution in the face of a surprisingly strong inflation surge and a labour market that is clearly losing momentum. Last week’s inflation data delivered an unambiguously hot read. The Consumer Price Index rose … Read more
National house prices rose 0.6 per cent and units 0.5 per cent over the month, a marked slowdown from August’s “sugar hit” surge of 1.3 per cent and 1.0 per cent respectively. Australia’s housing market cooled to a more sustainable pace in September following August’s rapid acceleration. National house prices … Read more