Declining market share has seen competition heat up between the majors, leading to greater incentives for brokers and their clients – as well as commission hikes.
A rise in interest from both foreign investors and overseas banks is likely to be a key factor influencing the Australian property market in 2014.
High levels of economic turbulence could spark further interest rate cuts in 2014.
Apartment living is expected to grow in popularity next year, driving increases in dwelling prices
The US Federal Government has announced it will wind-back its stimulus program, bringing optimism to the Australian housing market.
Market conditions seen prior to the GFC are unlikely to return, says Westpac group treasurer Curt Zuber.