Three capital cities record a fall in home values - Corelogic
While headline growth rate remains positive, three capitals recorded a decline in values over the past three months with Melbourne falling -0.9%, said Tim Lawless.
John McGrath – Highest resale profitability since 2010
Strong selling conditions across most markets led to the highest level of profitable resales nationally during the March quarter since July 2010, a new CoreLogic report shows, says John McGrath Chief Executive Officer of McGrath Estate Agents.
John McGrath – End of financial year market review
John McGrath discusses the key question people were asking this financial year; how can property prices continue to rise when interest rates have increased so quickly?
Sales volumes in Australia have risen as buyers get used to high interest rates and the fear of missing out (FOMO) compels them to purchase before home values escalate further. By John McGrath, Chief Executive Officer of McGrath Estate Agents.
Profitability reigns as property gains hit 14-year high
Australian property resales reached their highest rate of profitability since July 2010 in the first quarter of the year says CoreLogic’s Head of Research Eliza Owen.
John McGrath –With falling rates overseas, when will the RBA cut rates here?
Australian property continues to defy historical trends, with home values still rising in most capital city and regional markets despite today’s high interest rates.