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Market Update-04-Jun-24

Market Update-04-Jun-24

by Sanjeev Sah | Jun 04, 2024 | Market Updates The Housing Industry Association (HIA) has said that the construction of apartment units must double to meet the federal government’s target of facilitating the building of 1.2 million new homes by 2029.  ...
Market Update-28-May-24

Market Update-28-May-24

by Sanjeev Sah | May 28, 2024 | Market Updates Australia has become a magnet for the world’s super-rich, according to wealth migration specialists Henley & Partners.  That’s after four Australian cities were listed among the firm’s top 50 wealthiest cities...
Is the rental market cooling?

Is the rental market cooling?

PropTrack’s March 2024 report indicated an annual increase of 9.1% in advertised rent. This was the first time in two years that this statistic was below 10.0%.  But while there are signs of a slight slowdown, Australia’s rental market is unlikely to experience a...
Market Update-21-May-24

Market Update-21-May-24

by Sanjeev Sah | May 21, 2024 | Market Updates Recent Australian Bureau of Statistics data shows that annual rental inflation jumped 7.8% in the March 2024 quarter, the sharpest increase in 15 years.  By contrast, the general inflation rate fell to 3.6%, its lowest...