July 31, 2020
Australian house prices set to drop 10% before possible turnaround in 2021
S&P Global Ratings say the second Melbourne COVID lockdown and lack of migration will hit house prices by 10 per cent.
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July 29, 2020
June quarter median rent price in Australia drops 0.5%
The national median rent price has ended its long run of straight growth, dropping half a per cent amidst ongoing COVID-19 uncertainty.
July 24, 2020
Commercial property market confidence at new lows amid COVID-19 fight
Commercial property confidence has unfortunately sunk to a new low according to the National Australia Bank Commercial Property Index.
July 21, 2020
Bank of Mum and Dad making a return for young homebuyers
Parental lending to children has been in sharp decline since the May election last year, but it might be making a comeback.
July 16, 2020
Spooked sellers put the cue in the rack
Spooked sellers ran for the hills on the weekend, with nearly half of Melbourne’s vendors pulling out of their weekend auctions.
July 14, 2020
Banks extend loan deferrals for four more months
Banks will give borrowers more time to repay their loans by extending six-month repayment holidays by another four months.
July 7, 2020
RBA leaves rates unchanged in its July meeting
The Reserve Bank has kept the official cash rate at 0.25 per cent at its July meeting as Melbourne braces itself for a hard border and another round of coronavirus lockdowns.
July 7, 2020
Fresh COVID outbreak sees decline in auction listings
Auction listings are in decline and clearance rates struggling amid a fresh outbreak of coronavirus in Victoria.
July 3, 2020
Off-the-plan pain as buyers lose building deposits
Some off-the-plan apartment buyers are having to cut their losses and walk away from their deposits.
June 25, 2020
ASIC has published its official best interests duty guidance for mortgage brokers
The Australian Securities and Investments Commission has released its official guidance on the application of the best interests duty on mortgage brokers.