by Sanjeev Sah | Aug 4, 2023 | Business, Property Investment
One of Australia’s leading property research groups has forecast that prices will rise in most capital city markets during the 2023-24 financial year. Domain’s forecast, which covers the period between the start of June 2023 and the end of June 2024, is for the...
by Sanjeev Sah | Jun 29, 2023 | Business, Property Investment
The Reserve Bank of Australia has increased the nation’s official interest rate 12 times in just over a year, taking it from a historically low 0.10% to an 11-year high of 4.10% in June. Higher interest rates are no longer weighing down on the property market, with...
by Sanjeev Sah | May 24, 2023 | Business, Property Investment
It was only a matter of time until economists at Australia’s big banks sharply upgraded their property market forecasts upwards. And who can blame them, what with CoreLogic’s national home value index recently posting its second consecutive monthly rise and gaining...
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...
