Melbourne’s house prices are set to fall between 2018 and 2020 and then settle into a period of stagnation.
News
RBA governor tells banks to continue tightening their lending practices
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06 April 2017
Mr Lowe sent a clear message to governments around the country that the best way to deal with the housing affordability crisis in the country was to increase supply and build more dwellings.
The RBA has left its official cash rate at 1.5%
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05 April 2017
The RBA has now kept rates steady since August last year, amid ongoing deterioration of the unemployment rate around the country.
New survey shows significant support for CGT concession reform
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30 March 2017
A significant portion of the country’s top economists thinks capital gains tax concessions for property investors should be scrapped.
Half of Melbourne's off-the-plan apartment buyers selling at a loss
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28 March 2017
In sobering news for off-the-plan investors, new research has revealed more than half of new apartments bought in Melbourne and then re-sold in the last five years have been re-sold at a loss.