RBA holds rates at December meeting
The Reserve Bank of Australia have kept the official cash rate at a record low 0.75 per cent at its December meeting today. "There are further signs of a turnaround in established housing markets," Lowe said. "This is especially so in Sydney and Melbourne, but prices in some other markets have also increased recently. The RBA are waiting to see if their three cuts in 2019 will stimulate the ...
Sunshine Coast tops the list of Property Hotspots for 2020
Hot list: Australia's top 10 areas tipped for property growth in 2020 3 December 2019 | Author: Ellie McLachlan Source: Whether you’re a first-time home buyer or a seasoned investor, having some expert insight into which areas are tipped to boom could help with your next purchase decision.Real estate forecasters at Hotspotting have revealed their top 10 places to consi...
OPINION: RBA will cut cash rate to 0.25% by June 2020
27 November 2019 | Author: Bill Evans, Chief Economist for Westpac | Property ObserverWestpac now expects two rate cuts next year from the RBA with the cash rate cut to 0.25% in June 2020. Quantitative Easing is also expected to begin in the second half of 2020. Westpac has not changed its rate call for the RBA since July 24 this year. At that time we envisaged two more cuts from the...
2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More
15 November 2019 | Author: Aly J Yale | Source: Forbes The 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market. Will 2020 be more of the same? According to experts, yes and no We spoke to six mortgage, real estate, and housing professionals. Here’s what they say is in store...
The Sunshine State Positioned for Growth
Continuing weakness in the Queensland economy and oversupply of dwellings has kept property price growth in Brisbane low in recent years.However, the city is poised for a turnaround with predictions of a 20% jump in house prices over the three years to June 2022. This will be the strongest growth of all capital cities, according to analysts and forecasters, BIS Oxford Economics. ...
Queensland Government's Proposed Tenancy Law Reforms
In 2018, the statewide Open Doors to Renting Reform community consultation invited Queenslanders to share their rental experiences and ideas about how to improve renting in Queensland. We received over 135,000 responses and had conversations with tenants, property owners and property managers about their experience of living in, owning or managing a rental property and how it could be ...
Queensland markets head into summer with plenty of highs
November 01, 2019 | Author: Grace Ormsby | Source: Smart Property Investment Queensland’s coastline investors have plenty to smile about heading into the summer months, with almost a clean sweep in weekly rental value improvements over the past 12 months. In a quarterly update from the Real Estate Institute of Queensland (REIQ), each of the markets has proven positive for investors de...
Government mortgage guarantee scheme aims to help first home buyers enter the property market
28 October 2019 | Author: Nour Haydar Source: ABC News A Federal Government scheme to allow first home buyers to purchase a property with a deposit as little as 5 per cent will operate on a "first-in, best-dressed" basis. Key points: • The Federal Government will offer loan guarantees for eligible buyers on low and middle incomes• The scheme is aimed at h...
Property investors should be considering the Sunshine Coast
28 October 2019 | Author: Hotspotting's Terry Ryder | Source: Property Observer I believe real estate markets are driven more by local factors than national ones. While many commentators are placing great significance on interest rate reductions as a prime driver of real estate markets, I’m much more interested in what’s going on the coalface of local economies. And...
