Search Results for: first-home buyers
-
News
RBA leaves official cash rate at 10 basis points at June meeting
The Reserve Bank has again opted to maintain its current policy settings at its monthly Board meeting, including keeping the official cash rate at the historic low of 10 basis points.
Read More » -
INDUSTRY NEWS
Summit on Broadwater proving a big hit with owner-occupiers
The Summit on Broadwater development on the Gold Coast is proving a hit with owner-occupiers, with the final units expected to sell out in the coming weeks. The announcement: The $40 million Summit on Broadwater development is proving to be a big hit with buyers as the recently completed project edges closer to a sell-out. The development has achieved 27…
Read More » -
News
Ray White Marsden principal Avi Khan opens new office at Daisy Hill
The team at Ray White Marsden, south of Brisbane, have just officially opened the doors of their new office after branching out into the nearby suburb of Daisy Hill.
Read More » -
News
Australia’s hot housing market showing slight signs of cooling
Australia’s housing market may be showing signs of slowing down, with an increase in supply and a slight downturn in search activity, according to the latest REA Insights report.
Read More » -
INDUSTRY NEWS
Budget will put the heat on more downsizers to get moving
Raine & Horne says the extension of the downsizer superannuation scheme will free up housing stock. The Announcement: Key points The downsizer superannuation scheme has been extended to those aged between 60-65Not only will this help boost retirement savings but will free stock turnover and potentially improve housing affordability. Sydney, NSW (May 12, 2021:) Last night’s Federal Budget announcement to…
Read More » -
News
The Agency breaks six suburb records on Central Coast in two months
NSW’s Central Coast property market has been booming since COVID history last year and The Agency’s local team have been making hay while the sun shines, breaking a series of suburb sales records in 2021.
Read More » -
News
Property positivity hits one-year low despite rising house values
House values are continuing to climb throughout the country but fewer than half of Australians believe now is a good time to buy property.
Read More » -
INDUSTRY NEWS
First-home buyers drive housing market
First-home buyers have been a major driver of new home loans over the past six months.
Read More » -
News
RBA leaves official cash rate at historic low at April meeting
The Reserve Bank has once again opted to leave interest rates at the historic low of 10 basis points at its monthly meeting on Tuesday.
Read More » -
News
Australian housing values continued to grow in April
Housing values rose by 1.8 per cent in Australia in April, with monthly capital gains easing from a 32-year high in March, according to CoreLogic’s national home value index.
Read More » -
News
House prices record steepest quarterly rise in 18 years
Australian house prices recorded their strongest quarterly increase in almost two decades in the three months to March, according to the latest Domain House Price Report.
Read More » -
News
The Agency releases Autumn Property Report, issues interest rate warning
The Agency has just released its Autumn 2021 Property Report, with CEO Matt Lahood pointing out the combined capital city dwelling values rose by 2.8 per cent in March, the fastest rate in 32 years.
Read More » -
News
Metro Melbourne median house price passes the $1 million mark
The median house price in Victoria has recorded one of its largest quarterly increases, with the value of Melbourne metropolitan houses passing $1 million.
Read More » -
OPINION
Andrew Cocks: First-home buyers seize the moment
In the past few months, calls for the Reserve Bank to 'do something' about runaway house prices have become louder, ignoring Governor Philip Lowe’s repeated response that it is not the job of the central bank to meddle with house prices.
Read More » -
News
First-home buyers turning attention to homes requiring renovations
First-home buyers are increasingly looking for fixer-uppers to get a foothold in the property market, with four in five Australians planning to renovate their ‘new’ homes after purchasing.
Read More » -
News
New home building hits highest level in more than 20 years
New home building surged to its highest level in more than 20 years in the December quarter, with the Housing Industry Association attributing the rise to the Federal Government’s HomeBuilder program.
Read More » -
News
Would scrapping negative gearing lead to more affordable house prices?
House prices are back in the news, and out of control. In the past three months the median house price in Sydney has risen by more than A$100,000 to A$1.12 million.
Read More » -
News
Properties selling at record speeds according to latest REA Insights Property Outlook Report
The Australian property is showing no signs of slowing down for the remainder of 2021, with the latest REA Insights Housing Market Indicators Report revealing views per listing are at record highs and days on site at record lows.
Read More » -
News
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in the property market, with many considering purchasing interstate, according to new research from comparison site Finder.
Read More » -
INDUSTRY NEWS
Reserve Bank Board maintains current policy settings and leaves official cash rate on hold
As had widely been expected, the Reserve Bank Board opted to leave the official interest rate on hold at its meeting today, with the official cash rate remaining at the historic low of 10 basis points.
Read More » -
News
Don’t blame zoning for Australia’s soaring house prices
Among the many explanations put forward for soaring home prices, one we hear repeatedly is zoning — the regulations that govern the purposes for which land can be used, including how densely people can be housed in different locations.
Read More » -
News
Reserve Bank Governor issues warning on housing prices
In a speech in Sydney on Wednesday, Reserve Bank Governor Dr Philip Lowe has issued a warning about the current boom in the Australian property market - and raised the possibility of regulators stepping in to address the situation.
Read More » -
INDUSTRY NEWS
‘Like throwing petrol on a bonfire’: Industry Super boss slams plan to use retirement savings for home deposits
Industry Super Australia has thrown cold water on the concept of allowing prospective homebuyers to access their superannuation to enter the housing market, describing the idea as fundamentally flawed.
Read More » -
INDUSTRY NEWS
Construction of new homes to hit record high in 2021
A record number of almost 130,000 detached homes are anticipated to commence construction in 2021.
Read More » -
News
RiskWise report shows Perth housing market prices are heading north
It remains the most-affordable capital-city housing market in the country and Perth’s long-awaited property recovery is starting to hit its straps.
Read More » -
News
REIA identifies Budget priorities for property sector
The Real Estate Institute of Australia (REIA) has identified 12 priorities it believes the Federal Government should adopt in the 2021-22 Budget to assist the nation’s property customers in succeeding in a COVID-normal environment.
Read More » -
News
Survey shows Australians banking on a positive year for property market
Home lending and property values are not the only things hitting a high point in 2021, with positive sentiment almost booming for those in the market, according to ME’s latest Quarterly Property Sentiment Report.
Read More » -
News
Low rates and high values drive home lending to all-time high
Record-low interest rates and record-high property values have helped drive home lending to an all-time high, according to newly released figures.
Read More » -
News
Owner occupier resurgence offers a positive outlook for 2021
The total value of new loan commitments for housing and the value of owner occupier home loan commitments both reached record highs in November 2020, according to the latest Australian Bureau of Statistics (ABS) figures released today. The total value of new loan commitments for housing rose 5.6 per cent…
Read More » -
OPINION
2021 Market Outlook: Leanne Pilkington
All things considered, 2020 closed on a high. House prices are showing a mild increase month-on-month in metropolitan and regional locations, which provides some comfort to consumers as Australia embarks upon a long-term economic recovery. In an unusual but appropriate move for the times, the Reserve Bank has confirmed interest rates will remain low for the next few years, which…
Read More » -
OPINION
14 property and finance predictions for 2021: Rebecca Jarret-Dalton
Just as we are about to close the door on 2020, many of us are watching the property market and economy hoping to anticipate what opportunities are likely to present themselves in 2021. Based on recent events, the state of the nation and our current appetite when it comes to…
Read More » -
News
REIA welcomes State of the Nation’s Housing Report
The National Housing Finance and Investment Corporation (NHFIC) has released its first flagship report producing five-year projections for housing supply and demand across Australia’s major cities and regional areas.
Read More » -
News
Housing affordability sentiment at an all-time high
Experts have never felt better about housing affordability around the country, with signs that first home buyers may finally get a foothold into real estate.
Read More » -
INDUSTRY NEWS
First home-buyers dominate for the first time in 10 years: REIA
The most recent ‘Housing Affordability Report (HAR)’ revealed a 10-year high for first home ownership and an overall improvement in housing affordability across Australia. REIA President, Adrian Kelly, said a combination of factors meant that housing affordability has faced a bright spot for those who entered the market during the September 2020 quarter. “Market entry has experienced its largest year-on-year…
Read More » -
INDUSTRY NEWS
Banks start accepting further First Home Loan Deposit Scheme applications
The Housing Industry Association (HIA) welcomes the news that banks will start accepting loan applications for the New Home Guarantee under the First Home Loan Deposit Scheme. "The emphasis on new builds and an increase on the price caps for new homes means that it has never been a better…
Read More »