Home prices to continue climbing

Home prices to continue climbing

The forecasts for the next 12 months in the property market are out and it seems the price increases are set to continue.  For the 2024-25 financial year, Domain has predicted prices will continue to climb.   National house prices are expected to see up to 6% growth...
Market Update-06-Aug-24

Market Update-06-Aug-24

by Sanjeev Sah | Aug 06, 2024 | Market Updates The number of people investing in housing appears to be growing, according to the latest lending data from the Australian Bureau of Statistics (ABS).  Between May 2023 and May 2024, the number of new loan commitments for...
Market Update-30-Jul-24

Market Update-30-Jul-24

by Sanjeev Sah | Jul 30, 2024 | Market Updates The rental market has shown some signs of slowing down, according to Domain’s June rental report.  In the combined capitals, house rental rates rose over the June 2024 quarter, but at a rate 1.5 times slower than the...
Market Update-23-Jul-24

Market Update-23-Jul-24

by Sanjeev Sah | Jul 23, 2024 | Market Updates Over 2023, the country’s population rose 2.5% to 26.97 million people, according to the Australian Bureau of Statistics.  This was driven largely by net overseas migration, which accounted for 84.0% of this growth. That...