Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
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: -3% to 1% Relative to the rest of the nation, Sydney’s housing market has displayed resilience, with detached …
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Should I invest in apartments OR houses? Is a property’s value is in the land OR a property’s individual characteristics are far more important? In my opinion, the only thing that matters is what type of property will deliver a bigger return on investment in the long term. According to the Real Estate Institute of …
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Australia property prices continued to drop in June 2011, according RP Data-Rismark Hedonic’s latest home value index for capital cities. Based on almost 150,000 home sales nationally over 2011, the report found that Sydney house prices dropped 0.2 per cent in June 2011. Melbourne house prices dipped 0.1 per cent for the month, pushing the …
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The housing market in Australia is making a very controlled exit from the strong growth conditions of 2009/10 and now the correction phase of the cycle is coming. Australia’s housing market remained flat with prices falling 0.6 per cent nationally, according to the latest Australian Property Monitors’ March quarter house price index. Sydney prices fell …
Continue reading “The Australia housing market correction is happening”