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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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Rental market hits a plateau

September, 2024|Housing Market, Real Estate, Finance
After a period of rapid growth, Australia’s rental market is showing signs of slowing down. Is this the start of a more stable rental environment? According to a recent CoreLogic report, national rental rates flatlined in July and August, marking the weakest rental conditions since the early days of the COVID-19 pandemic. They rose by…
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