We hope you are embracing the arrival of winter and enjoying the cool change. In recent weeks we've seen conditions for property buyers improving, with fewer homes reaching the reserve price at auction and values trending downwards in many markets. During the colder months, there are usually fewer buyers doing the rounds, so there could [...]
As expected, the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 1.5% at their June meeting today. The RBA has not moved on rates since August 2016, with the objective of stimulating inflation, employment and wages growth through rate stability. However, the Organisation for Economic Cooperation and Development [...]
Can you believe it's already May? If you’ve been thinking about a 2018 property purchase, here's why now is a great time to go for it. Firstly, the cash rate remains unchanged at a record low level. Secondly, home values and auction clearance rates are falling in many markets around the country, so conditions look [...]
At its May meeting yesterday, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5%. Today's decision makes it 21 months in a row where the RBA has decided to leave the cash rate on hold. It is also the longest period without a cash rate rise in the [...]
We hope you had an amazing Easter long weekend and the Easter Bunny was very generous! March was an exciting month in the property world. In the week prior to Easter, we saw the highest volume of auctions ever recorded across the combined capital cities, and by Melbourne individually. Meanwhile, most capital city home values [...]
At its 3rd April meeting, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5%. While the RBA decided to leave the official cash rate on hold for the 18th consecutive month, quite a few lenders raised their home loan interest rates last month – some by as much [...]
If you're buying a property or considering refinancing your home loan in 2018, you may be asking yourself whether to fix your interest rate or not. Many people think about switching to a fixed interest rate mortgage when interest rates are low, in the belief that it will insulate them from future interest rate rises. [...]
The busy Autumn property season is upon us, and what an exciting time of year it is! In recent weeks, we've seen auction volumes surge as one of the year's peak selling periods kicks into gear. With so much more stock on the market, property prices in some markets are falling, so you could have [...]
At its March meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5%. This is now the 17th consecutive month the RBA have opted to leave the cash rate steady. We can expect this trend to continue, with most analysts predicting no change to the official rate [...]
We hope you enjoyed the summer holidays and that you've survived the back to school rush! Action in our property markets has been slow over the summer break but now that we're back at work, things are bound to heat up. If purchasing a property was on your new year resolution list and you've been [...]
