News

As most of us are aware, record-low interest rates have stimulated somewhat of a property boom in Melbourne and Sydney over the last year, and to a lesser extent Brisbane as well.

House price growth looks set for continued slowdown next year despite the record low interest rates.

Brokers are being warned that the rate war could be coming to an end.

Variable rates have now fallen to 4.48 per cent, and brokers may be running out of time to capitalise on the continued run of rate cuts.

The threat of a property bubble in Australia is a constant presence in the current economic climate, but perhaps there’s a different bubble we should be more concerned about.

The Harbour City’s house prices are continuing to sizzle, just like their weather will in the coming weeks.