Residential rents hit record highs as national vacancy rates plummet - CoreLogic
Australia’s rental market continues to tighten as low supply levels cause national vacancy rates to dive and rents to rise across all capital cities and property types over the past three months.
Higher interest rates and high inflation to weigh further on housing demand - CoreLogic
Tim Lawless CoreLogic's Research Director talks about the commentary leading up to the RBA monthly board meetings that has pivoted from if interest rates will rise to how much interest rates will rise
New RBA decision to stabilise not slump market - REIA
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves, said with today’s interest rate rise to 1.35% inflation has become one of the major concerns for Australians.
Lending values rise as listing numbers start to fall - REIA
The Real Estate Institute of Australia (REIA) said the latest Australian Bureau of Statistic (ABS) lending figures show the value of new housing loan and investment loan commitments rose over May 2022 including new loan commitments to first home buyers.
HIA Senior Economist Nicholas Ward states “Detached house approvals continue to be elevated compared to pre-COVID levels, meaning projects underway and new work entering the pipeline will continue to keep home builders busy into 2023".
John McGrath – The emergence of the co-primary residences for commuters
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, with companies asking staff to retrun to CBD offices, we’re starting to see dual home owners splitting their time between their city and regional homes equally.