Property sales in Australia have fallen further than the level during the Global Financial Crisis, putting downward pressure on prices across the country, led mainly by Melbourne and Sydney.
News
National vacancy rate tipped to push 3 per cent by the end of the year
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30 April 2019
Despite dip in March, the national vacancy rate has been tipped by SQM Research to push the 3 per cent threshold by the end of the year.
RBA rate cut imminent as inflation continues to stay stagnant
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26 April 2019
We look set for an official interest rate cut before the federal election after inflation figures came in under target this week.
APRA to wield the stick in favour of dangling the carrot
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24 April 2019
The Australian Prudential Regulation Authority will be reaching for the stick rather than the carrot as it adopts a newer tough approach.
Developers are upping commissions to get new apartment sales going
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18 April 2019
Financial advisors and mortgage brokers are being offered big commissions – up to 30 per cent bigger than last year – to sell completed apartments during the downturn.
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