Today’s trending stories in Australian home ownership and Home Loans.
- Here are the housing markets where unemployment is below 4%
With surging home prices in capital cities, many households have started moving towards regional property markets a trend that is likely to blossom into a full-on phenomenon. In a blog post, CoreLogic head of research Tim Lawless said regional areas proving their worth and becoming particularly…
- It could be now or never for Sydney home hunters
For property hunters aiming to get a bargain price at Sydney, now is the time to make a move as prices are poised to shoot upwards again very soon. In a report for The Daily Telegraph, analysts warned that the market is currently bottoming out, as prices have not been falling as quickly as they were over…
- Letters to the Editor: Thursday, April 5, 2018
But it reinforces the urgent need for action on the excessive tax breaks for property investors that are feeding these runaway prices and threatening to lock a generation of Australians out of home ownership for good. Not only do negative gearing and capital gains tax concessions cost the federal budget…
- Political heat helps put clamp on home loan rate rises
Suncorp increased its mortgage rates last month, but so far none of the big banks have followed. If the talk behind the scenes at the big banks is correct, it’s only a matter of time before they do. Politics obviously is a big restraint on the banks at a time when competition regulators and data-based groups…
- Construction of 10,000 apartments in Brisbane indefinitely deferred: BIS Oxford
An estimated 52 developments in Brisbane have been indefinitely shelved, with 10,000 units being snatched from the market before they can be built, a BIS Oxford Economics report said.
The report also forecast that the downswing of the property cycle, caused by the oversupply,would continue until 2025.
BIS senior manager Angie Zigomanis said the number of deferred apartments was significant to the market.
10,000 is not a number to sneezed at because its…
- 'Amazon of China' to start selling Australian property online
A new partnership will soon see Australian property listed on a retail site dubbed the ‘Amazon of China’
- Major lenders' share claws its way back up
The non-major lenders have dropped in their share of the home loan market according to the latest AFG figures
- Sydney and Melbourne property prices could fall another 5%
The financial regulators latest restrictions and other factors are impacting buyer mentality in these markets