The property markets in Melbourne and Sydney both look set for an inevitable drop over the next couple of years in the face of a contracting economy, poor consumer confidence and less migration.
News
RBA leaves official cash rate unchanged but home loan rates continue their fall
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06 May 2020
The Reserve Bank yesterday kept rates unchanged at their historic low of 0.25 per cent.
Fixed home loan rates emerging from the shadows
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30 April 2020
Fixed interest rates are emerging as the major player after their average dropped lower than variable rates recently.
Median house prices in Melbourne up 2% in March quarter
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24 April 2020
Prior to the coronavirus nightmare Melbourne’s median house price rose two per cent in the March quarter but is expected to start falling from this point.
Entry-level property market action heating up in Melbourne
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21 April 2020
Entry-level homes are currently where the action is in Melbourne’s property market while the world grapples with the spread of coronavirus.
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