
KPMG puts COVID premium data together for property price rises
The pandemic has put a ‘COVID premium’ on house prices and KPMG have done the numbers.
The pandemic has put a ‘COVID premium’ on house prices and KPMG have done the numbers.
The rental squeeze is tightening hard in Australian capital cities, with some recording vacancy rates as low as 0.1 per cent.
House prices are still surging as the temperatures plummet but things could be cooling down in the market as well as the thermometer and it has little to do with recent lockdowns.
The Commonwealth Bank has this week joined a couple of the other major banks and brought forward their expectations of an official cash rate rise.
The CBA have gone as far as to forecast rates to rise before the
You might expect first homebuyers to be targeting the lower end of the property market, struggling to get a foot on the property ladder financially, but somewhat surprisingly there’s still plenty hitting up the inner city areas.
A better-than-expected unemployment result in May has brought forward the expectation of interest rate rise.
The Federal Government is being pressed to dump stamp duty in favour of letting buyers choose an annual land tax.
The clock is approaching midnight when it comes to borrowers wanting to fix their mortgage rates with the period of ultra-low long-term rates set to come to and sooner rather than later.
Mortgage holders are being tempted to refinance their loans as the RBA keeps rates on hold for another month.
Vendors have either rushed to beat the Thursday lockdown, postponed their sale or moved it online as Melbourne goes into another snap lockdown.