RBA uses strongest language yet to warn of housing 'risks'
As ABS data confirms that property prices are rising strongly in some cities, the minutes of the March Reserve Bank board meeting flags concerns about the "build-up of risks" in the housing market.
Should you wait until you’ve sold your place before checking out homes listed for sale? Or do you throw caution to the wind and buy that dream property first? Patrick Nolan, ME Bank's head of home loans, weighs up the options.
First-home buyers who use their superannuation to purchase their own home could end up with larger 'nest eggs' at retirement than if they continued to rent their whole lives, says the REIA.
"Successful property investment shouldn't be a game of highs and lows, but a rather boring state of affairs that quietly creates wealth for you over the years."
National Australia Bank is the first of the big four banks to raise owner-occupier home-loan rates, lifting the rate by 7 basis points to 5.32 per cent.
Strong growth in the number of properties available for rent could mean population growth is increasingly housed in investment properties, says Cameron Kusher, head of research at CoreLogic.