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Prime Insights

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Record housing sales return

March, 2025|Housing Market, Real Estate
Australia’s housing market has faced significant challenges in recent months, with higher borrowing costs and cooling property values impacting residential markets in some state capitals. But record housing sales now suggest the market is quickly regaining its footing. According to the latest Pain & Gain report from CoreLogic, Australian home sellers enjoyed unprecedented profitability and…
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Will the rate cut bring back property investors?

February, 2025|Housing Market, Finance
The number of new loan approvals to property investors has fallen for the first time in almost two years, according to data from the Australian Bureau of Statistics (ABS). As higher borrowing costs and cooling values in some state capitals affect the outlook for residential property, investors are deciding whether to hold off on purchasing…
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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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