Lower investor demand reflected in shrinking apartment pipeline - JLL
The number of apartments under construction in Australia’s six major capital cities has fallen by around 10% over the past year, according to JLL'S 1Q 2019 Apartment Market Reports.
Downturn eases but becomes more widespread - CoreLogic
The CoreLogic April 2019 Home Value Index results out today confirmed that the decline in home values has lost some momentum over recent months as falling values lose steam in Sydney and Melbourne.
Tasmanian sellers 'need to readjust expectations', says REIT
The Real Estate Institute of Tasmania’s March 2019 Quarterly Report shows the state is transitioning into a normal market following unprecedented growth throughout the past five years, according to president Tony Collidge.
RBA could 'remain on the sidelines' for the next few months
While a lowering of the cash rate is considered to be inevitable this year, Finsure Group Managing Director John Kolenda said the central bank will be "in no rush" to make changes when it meets early next month.