one interest rate cut is not going to remedy Australia's economy overnight, which is why the Reserve Bank governor has already flagged more rate reductions in coming months.
Housing downturn 'should not be overstated', says CBRE economist
CBRE's global chief economist has given a philosophical assessment of Australia's housing market at the company's Annual Market Outlook event in Sydney.
Australians think it's a good time to purchase property, despite thinking house prices will fall further, Westpac survey reveals
Westpac's monthly consumer sentiment survey reveals most Australians believe now is the best time to buy a house, despite thinking house prices will fall further still.
"No bright spot" in latest housing finance figures
President of the Real Estate Institute of Australia (REIA) Malcolm Gunning says there is "no bright spot" in the latest housing finance figures, released by the Australian Bureau of Statistics (ABS).
Strike while the iron is hot in Perth, Knight Frank report
Now is the time for buyers to pounce on prime Perth real estate, amid a promising swell of activity, according to the latest Knight Frank's Prime Global Cities Index - Q3 2018.
Sales of million dollar properties trending lower - largest fall in Sydney and Melbourne
CoreLogic has revealed sales of million dollar properties are trending lower, brought upon by a recent decline in values across the national housing market.
The median house price for Australia's combined capital cities fell 0.8 per cent during the September quarter, according to the latest REIA Real Estate Market Facts report.
