by Sanjeev Sah | Apr 28, 2023 | Business, Property Investment
The Reserve Bank of Australia finally hit the pause button on its aggressive tightening cycle in April, holding the cash rate at 3.60% In the statement accompanying the decision, RBA governor Philip Lowe explained that monetary policy operates with a lag. As such, the...
by Sanjeev Sah | Mar 24, 2023 | Business, Property Investment
Here’s a puzzle for you. Ever since the Reserve Bank of Australia started lifting the cash rate in May 2022, Australian property prices have been falling as higher interest rates reduce buyer demand. So why did CoreLogic’s national home value index fall by a...
by Sanjeev Sah | Mar 16, 2023 | Business, Property Investment
At the start of the year, many market commentators began to see a faint glimmer at the end of the interest rate tunnel. While inflation climbed to 7.8% over the December quarter, it was lower than the Reserve Bank of Australia’s forecast of 8%. So some thought the...
by Sanjeev Sah | Feb 17, 2023 | Business, Property Investment
Australian property prices have been on a downward spiral ever since the Reserve Bank of Australia started raising interest rates, with CoreLogic’s January national home value index down 8.9% from its peak in April last year. And with the Reserve Bank of...
by Sanjeev Sah | Jan 20, 2023 | Business, Property Investment
It’s a great time to be a property investor with CoreLogic’s latest quarterly rental review finding national rent values soared 10.2% during the 2022 calendar year. This uplift means rents are now up by a stunning 22.2% since they began their most recent upswing in...
by Sanjeev Sah | Dec 14, 2022 | Business, Property Investment
A lot can happen in just 12 months. Take the cash rate, which started off 2022 at a historical low of 0.10%. It’s now at 3.10% – the highest point in a decade. Increasing the cash rate makes borrowing more expensive. So that, in turn, has reduced buyer demand and...
