The recent property market surge was largely driven by housing supply issues and now as our international borders begin to open again, fresh demand could surge prices once again.
The race is on for home loan borrowers to fix their loans in the face of lenders increasing long-term rates and tightening lending conditions.
After what seems like an eternity there are signs of life from the nation’s inflation figures and it could mean interest rates start heading north.
The Reserve Bank has long been staunch on interest rates remaining where they are until 2024 at least, but economists are starting to disagree.
The gap between unit and house prices in Melbourne continues to widen and it’s making things difficult for some people looking to upgrade from their little unit to a bigger space.