buying property investment
The results of this weekends auction show a slight weakening with clearance rates in Sydney of 80.1% and in Melbourne of 70.3% I’ve already read a few comments suggesting the markets are cooling, but I see it differently. Sure having over 1,000 properties up for auction week after week must have some impact on the
With interest rates at an all time low, after two years of ongoing interest rate cuts, has the rate reprieve for home owners come to an end? Latest research from RateCity shows that 85 lenders have increased interest rates on fixed rate home loans since early October. Alex Parsons, CEO of RateCity said the longer-term
The latest RPData figures show that the Melbourne property market is going gangbusters. Dwelling prices increased 2.4% over the month of September and 5% over the last quarter. Property values increase due to a combination of increased demand (in certain suburbs) at a time of increasing confidence and low interest rates. Where did the demand come
Housing bubble? Give me a break. I forewarned a few weeks back, that we might see an increasing detachment from reality as this residential market recovery takes hold. I was thinking it would start in earnest sometime next year. But it looks like I was wrong. The loopers are already at it & in force.