“The number of new houses that commenced construction in the December quarter was the second highest level on record,” stated Tim Reardon, HIA’s Chief Economist.
John McGrath – More homes for sale but demand swamping supply
A lack of stock for sale has been a key factor in rising property prices since late 2020, however new data indicates that more sellers are finally coming to market, according to John McGrath founder and executive director of McGrath Estate Agents.
How do dwelling values compare with previous highs? - CoreLogic
Low mortgage rates, a swift economic recovery, which has spurred consumer sentiment, and low listing volumes have catapulted national housing values to new record highs. By Eliza Owen, Head of Research Australia at CoreLogic.
Online property sales platform, Openn Negotiation, have put the spotlight on five of their recent sales that demonstrate just how competitive the 2021 market is.
McGrath Limited (ASX: MEA) today announced it has entered into a transaction that will deliver enhanced scale and optimisation of its Oxygen home loan business (“Oxygen”).
John McGrath founder and executive director of McGrath Estate Agents examines the current record home values, as the lowest mortgage rates in history continue to power a national boom.
National home value index rises at its fastest pace in 32 years - CoreLogic
CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%). These exceptionally strong growth conditions remain broad-based, with values rising by at least 1.4% across each of the capital cities and ‘rest-of-state’ areas over...
Data shows more than 12% of property investors are completely missing out - BMT
BMT Tax Depreciation recently analysed their investor database and were surprised to find that a great deal of property investors overlook depreciation, a particularly lucrative tax deduction.
Australian housing prices soar by 500% over past 25 years - REIA
Real Estate Institute of Australia (REIA) President, Adrian Kelly said housing investors have been driven more by expected capital gains rather than rental yields.
