John McGrath – Australian cities among the top global prestige markets
Prestige property in Perth and the Gold Coast recorded price growth above the global average in 2023, with the Asia Pacific being the strongest-performing region for global luxury real estate values.
Housing affordability improves for the first time since 2021 - REIA
Housing affordability for home buyers has finally turned a corner with the March quarter of 2024, showing improvement for the first time in three years - but it’s a tale of two cities.
ABS data shows that the Consumer Price Index (CPI) rose 3.6 per cent in the 12 months to April, following a 3.5 per cent rise in the twelve months to March and 3.4 per cent in the twelve months to February.
Combined capital city auction volumes hold steady week-on-week
The preliminary clearance rate across the combined capitals came in at 71.5% last week, 40 basis points higher than the previous week (71.1%) which revised down to 65.4% once finalised. By Caitlin Fono, Research Analyst, CoreLogic Australia
John McGrath – Australia has a diversity of property markets
Australia is not just one property market. It is a collection of markets, and it could be argued that each of those markets is defined by suburb boundaries. By John McGrath, Chief Executive Officer of McGrath Estate Agents.
John McGrath – Property the most popular investment option
Australians think property is the most important type of investment for building wealth, followed by superannuation and savings in the bank, according to a new survey by financial advisory company, Findex.
