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Prime Insights

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What’s ahead for the housing market?

January, 2025|Finance
Australia’s housing sector is poised for modest price growth in 2025. Will this create opportunities or challenges for those looking to enter the market? According to PropTrack’s Property Market Outlook, national home prices will rise between 1% and 4% in 2025. This is slower than the 5.5% growth seen in 2024, as high interest rates,…
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Signs of a housing cooldown in Sydney and Melbourne

December, 2024|Housing Market, Real Estate
Home values in Sydney and Melbourne have dipped for the first time in nearly two years, following a period of rapid growth. With house prices outpacing incomes and persistently high interest rates, could this signal a cooling market? According to recent data from CoreLogic, Sydney’s home values declined by 0.1% in October, the city’s first…
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Fixed-rate cuts heat up amid cash rate expectations

October, 2024|Lending, Finance
Australia’s home loan market is experiencing a flurry of activity as lenders reduce fixed rates. Is now a good time to secure these lower rates? Despite the Reserve Bank of Australia (RBA) holding the cash rate steady at 4.35% in September 2024, a growing number of lenders have trimmed their fixed rates for owner-occupiers paying…
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