The Real Estate Institute of Tasmania’s (REIT’s) Tony Collidge has said that Tasmania is “well and truly” becoming a seller’s market, following two strong quarters, according to The Mercury.
Annual growth in the value of outstanding mortgages hit a two year low over the June quarter according to analysis of APRA data
The next two to three months are set to give true indication of the strength of the Australian housing market as the rate of price growth across the capital cities continues to cool
Approvals for new residential housing in New South Wales has hit an all-time high, according to official figures
Almost a quarter of first home buyers are prepared to borrow the full purchase price without saving a deposit, while more than a quarter wanted their employer to salary sacrifice for their property goals.
Official figures suggest the heated property market may be correcting itself as housing finance is on the decline
More data reveals that the reign of property investment may be on the way out, as more and more property investors are switching to ‘sell’ mode.
As the property market still boils away in Sydney and Melbourne, Aussie property buyers should look to Queensland which has been rated as an “extreme buyer’s market”.
The housing market may be passed its peak as homes are taking longer to sell and vendors are discounting prices
Investors in the property market are forgoing rental income while they chase capital gains, but recent data suggests capital gains are also getting smaller