The Reserve Bank has warned house prices are at risk of falling if the banking royal commission ends up causing banks to restrict the amount of money they are willing to lend.
News
Melbourne auction clearance rates fall to lowest level in five years
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16 May 2018
On the weekend our city recorded a clearance rate of 60.7 per cent and for the weekend prior, the auction clearance rate has been revised down to below 60 per cent – to 58.9 per cent.
Do the Federal Budget home care packages for seniors contradict other Government policies to free up housing?
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15 May 2018
This year’s Federal Budget includes a plan to help up to 20,000 older Australians stay in their own home but some say it contradicts policies designed to free up housing.
Getting finance for home loans is getting increasingly difficult in the wake of royal commission
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10 May 2018
It’s getting harder for property buyers to get a home loan and brokers are warning things are only going to get tougher in the wake of the banking royal commission.
Melbourne and Sydney house prices tipped to fall by up to 4% this year
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09 May 2018
Fresh research from property analysers SQM Research show house prices in Melbourne and Sydney could fall by up to 4 per cent this year.
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