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Market Essentials – November 2020

Market Essentials – November 2020

The September quarter saw auction volumes increase across all capital cities. Auction clearance rates also increased, and this trend has continued into October. According to the RBA in its latest financial stability review, October was the month where most mortgage...
Market Essentials – October 2020

Market Essentials – October 2020

Despite phase one of the Federal Government’s Covid-19 stimulus coming to an end this month, there’s been a positive turn in housing market sentiment. Consumer confidence has increased, and according to Core Logic, new listings rose, with six of the eight capital...
Market Essentials – September 2020

Market Essentials – September 2020

With the economy weakening this month, and Treasurer Frydenberg forecasting an increase in unemployment and continued economic slowdown, house prices have remained resilient for the most part. Over the three months to August, Core Logic reports that Sydney, Melbourne...
Market Essentials – August 2020

Market Essentials – August 2020

This month the Federal Government announced the extension of the JobKeeper program for a further six months, along with the JobSeeker supplement also being extended. Combined with extensions to the ‘mortgage holiday’ on repayments, many Australians will be breathing a...
Market Essentials – July 2020

Market Essentials – July 2020

Property values fell slightly across the five major capital cities during June with markets in Canberra, Darwin and Hobart each recording a small increase. Core Logic reported a second consecutive month of falls with the national Home Value Index down 0.7% in June....
Market Essentials – June 2020

Market Essentials – June 2020

Restrictions eased, markets rallied, and consumer confidence increased during May. Auction clearance rates to 24 May were 62.7%, the highest since week ending 15 March 20, almost back to pre-restriction levels. However according to Core Logic, stock volumes continue...