How long can house price records last? | The company

Property prices continue to hit new records, with the national average home now worth $973,300 in the three months to the end of June, according to the Australia Bureau of Statistics. Prices in NSW ($$1,222,000) remains the highest in the country, followed by the ACT ($953,900) and Victoria ($900,300). But SQM Research managing director Louis … Read more

RBA issues rate warning to home borrowers | 9 News Australia

The Reserve money institution has left debt charge rates unchanged, but has issued a warning to home borrowers. | *Subscribe and đź””: http://9Soci.al/KM6e50GjSK9* *Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6* FOLLOW 9News Australia â–ş Facebook: https://www.facebook.com/9News/ â–ş Twitter: https://twitter.com/9NewsAUS â–ş Instagram: https://www.instagram.com/9news/ Join 9News for the latest in news and events that affect you in … Read more

Home values are on the rise but so are landlords | The company

National house prices have continued their upward march, rising for the fourteenth straight month. That’s more bad news for first homebuyers struggling with rising values and finance charge rates. Now auctions have got even tougher.. With evidence that investors are piling back into the industry .. Lured by hopes of strong capital gains and record … Read more

How cash buyers are shaking up the housing sector | The enterprise

Research by PEXA found more than one in four properties purchased in NSW, Queensland and Victoria last year were bought without a property loan, often by older, retired and ‘asset-rich’ Australians. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-13/quarter-of-properties-purchased-with-cash-2023-nsw-vic-qld/103576718 The research found that $454.7 billion worth of residential property was purchased in the eastern states in 2023, … Read more