There is an article published on financialpost.com dated 29/09/2016. I think it is worth to read. Basically it argues that Australia is “having its central bank backed into a corner, forced to warn about the dangers of high debt and hot housing markets, while powerless to change interest rates as a commodity bust weighs on the economy.” Economists …
Australia property market in capital cities over the next 12 months: the prediction of more than 11,000 Australians
Based on a survey from http://www.smh.com.au closed on 30/08/2012, the outlook for the real estate market towards the next 12 months remains gloomy. More than 11,000 Australians participated the survey. Only 13% of the responded thought the property market will improve over the next 12 months. On the contrary, 47% of the responded thought the property market will get …
12-month price forecasts for Australia’s capital city housing markets
Do you want to know what the property prices will be in next 12 months? Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Sydney 12-month price forecasts Melbourne 12-month …
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Australia property investors are cautious on property investment
The fact that the value of loans to property investors fell 7.1 per cent in January 2012 shows that Australia property investors are cautious on property investment. Overall, home loan approvals dipped 1.2 per cent in January 2012, the first fall in 10 months, the latest Australian Bureau of Statistics figures show. The number of loans from …
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2011 Property prices – November 2011 update on capital cities
Summary Australia capital city home prices fell by four per cent in the year to October 2011. Flat to lower house prices for the next six months or possibly the next 12 months. Australia capital city home prices fell by four per cent in the year to October 2011, after a 0.5 per cent decline …
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Property market will be hot again in 2012
Westpac has predicted that the Reserve Bank will cut the interest rate four times in 2012 to avoid hurting an economy that is already showing signs of contraction. According to Westpac chief economist Bill Evans, there will be a sequence of rate cuts beginning with 25 basis points in December 2011 and through 2012 totalling 100 basis …
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2012 Budget and Investment Property Market
The 2012 federal budget is too weak to prevent further rate rises. This means investment property market will remain flat in 2012 as the interest rate is most likely to rise at least once before December 2011. 41 per cent of stock market investors in the latest Investor Pulse survey by Colmar Brunton thought the …
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Foreign investors, especially overseas students, are changing the property market in Australia
New rules making it easier for foreign residents to invest in Australia real estate, along with an influx of overseas students, are changing the property market – according to an article in SMH. Changes to foreign investment policy around acquisitions of residential real estate by foreign persons, in late 2008, has come under fire in the media recently …