Question marks hang over the second half of 2022 as inflation pressures and the impact of international events start to bite here in Australia. Treasurer Jim Chalmers warned that inflation will be ‘significantly higher’ than expected this year, while Reserve Bank...
As we enter the last month of the financial year, there’s been a focus on the state of the property market. The Federal Election is over; there’s a new government in town, so what’s next for the housing market? Are we still in a boom or bust, or has the market finally...
As this edition goes to press, the Australian Bureau of Statistics announced the quarterly Consumer Price Index, aka inflation, has jumped to 5.1 per cent this quarter. Michelle Marquardt, ABS Head of Prices Statistics, said this was “the largest quarterly increase...
The question on everyone’s lips this month; is the Aussie real estate boom over? Some experts certainly think the pandemic-induced boom is done. Market conditions have changed recently, with falling auction clearance rates and vendors taking prior offers that were...
As we head into March, the looming Federal election, increased property listings, and the rumble of an imminent interest rate rise has seen the heat come out of the market in most capital cities. Vendors keen to take advantage of the pricing boom have come out in...
Welcome to the first Market Essentials report for 2022. Nothing much seems to have changed since we farewelled 2021. The pandemic continues to impact the economy. Prices of real estate Australia wide continue to surge, and prospective buyers are still scrambling to...