A major constraint on borrowing limits has been removed by the banking regulator APRA, allowing real estate buyers to borrow more. Comparison website
The housing market is shaping for a strongersecond half after the Reserve Bank slashed the official interest rate to a low of 1% just 28 days after its
People in the property have felt the mood change since a series of fortunate events impacted sentiment: the election, the demise of Labor’s tax policies,
Mortgage brokers have achieved their highest ever residential home loan market share. The Mortgage & Finance Association of Australia says brokers arranged 60%
Consumers think now is the time to buy a house and expect house price increases, a new report shows. The Westpac sentiment survey reports a “spectacular”
House prices in 111 Australian locations have
trebled over the past two decades, according to research from Propertyology.
Home buyers are set to receive a borrowing boost in the order of $100,000 because of expected changes to lending standards and interest rates, new modelling shows.
The Federal Election result has created a wave of optimism in the housing market, with two of the major brakes on activity removed by the Liberal Party victory.
The importance of the First Home Buyer (FHB) segment of the housing market continues to grow. Newly-released finance figures for March show that their share of the market is at its largest in nearly seven years.
All signs point to an early bottoming out of the housing markets in the major cities, according to the Australian Financial Review (AFR).