Australian Home Prices and Interest Rates The case for the RBA resuming interest rate cuts this year has been fairly clear: commodity prices have fallen more than expected; the $AUD has remained relatively high; while residential construction and consumer spending are okay the outlook for business investment has deteriorated pointing to overall growth remaining sub-par; [...]
Brisbane Prices Attracting Sydney and Melbourne Investors There have been some interesting reports coming out in the last few weeks, and the Reserve Bank of Australia once again kept rates on hold which was widely anticipated by the market in general. This report from BIS Shrapnel should be of interest to all property investors : [...]
NAB’s View of Residential House Prices - Brisbane & Sydney to outperform I thought the interview with John Edwards from Residex is worth looking at to get a bit of an overview of the Australian market, and he thinks that Sydney and Melbourne may have peaked for this cycle, However, if we look at the [...]
Aussie homes: as affordable as a decade ago I thought it would be appropriate to include these news items as I am often asked the question “ Isn’t Australian property overpriced ?”. This brings out a number of interesting insights and whilst statistics can sometimes be somewhat misleading, it is reasonable to use the rule [...]
RBA Untroubled by Home Price Rise I continue to have people ask me about current property prices in the Australian market, and yes, newspapers still continue to talk of a property boom. I think this comment from Craig James at Commonwealth Bank sums up the real situation; “One issue exercising minds at present is the solid [...]
Markets set for a strong 2014 - RP Data It’s interesting reflecting on a lot of the market predictions that we saw at this time last year …………………………. and it makes you aware that consensus opinions are not often correct! Something we can all be confident about is that we have seen the peak of [...]
Hype & Bubbles - Journalistic Froth I thought it would be useful to add a little commentary to all the journalism relating a bubble in the Australian property market. The AFR article below says prices could increase by up to 20% ………………………….. over the next years. Now if prices overall were to increase by 20% [...]
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