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Here's How a Melbourne Family Paid Off Their Home in Less Than 5 Years!
Capital city auction markets are strengthening, with
week-on-week increases in auction volumes and
Sydney recording its first clearance rate above 60%
since last July.
Consumer sentiment has improved, with economists
attributing the rebound to a change in views on interest
rates, with most people now expecting rates to remain
on hold or fall.
The national vacancy rate declined to 2.2% in
January, from 2.5% in December, a SQM Research
report says. Four of the eight capital cities have
vacancies below 2%.
An increase in auction volumes across the country last weekend resulted in a rebound in market confidence following the seasonal shutdown, with Sydney recording its highest preliminary clearance rate since...
Commonwealth Bank CEO Matt Comyn doesn’t
expect house prices to fall much this year and has
expressed confidence in the health of the economy
and the availability of credit.
Most investors are not too concerned with the state of the market, many believing that the lowest of the price falls in Sydney and Melbourne have already happened, according to...
Westpac chief executive Brian Hartzer has rejected claims that the
Big Four banks are worsening the housing price slump in Sydney and
Melbourne by cutting off credit.
The Banking Royal Commission report proves that
even within regulated environments lawlessness
can be rife, says Property Investment Professionals
of Australia.
Australia’s mortgage broking industry has criticised the Banking Royal Commission report, saying a move to overhaul how brokers are paid will make loans more expensive by entrenching the power of...