The Blog

  Most Cities, Regions Creating Gains CoreLogic’s latest quarterly Pain and Gain report shows that the best capital gains are to be found in Hobart, Regional Victoria and Canberra. The report, which compares the prices of properties sold in the September Quarter with their previous sale, found that 98% of houses sold in Hobart were […]

  Buyers Target Existing Homes The number of loans to owner-occupiers rose 10% in November, bringing the monthly total to $13.4 billion, 1.6% higher than October, show official figures. “The housing market is on its way back,” says CommSec chief economist Craig James. That means more homes will be purchased and create flow-on demand to […]

  Welcome to The Week In Real Estate Australians must rank among the most optimistic people on the planet. It seems the only thing that can bring down the national mood is a federal election. This time last year negativity dominated and the looming election was the major cause. Right now there is an atmosphere […]

  You Should Be Paying Under 4% Home loan customers across Australia should be paying an interest rate under 4% – or they’re paying too much, according to one specialist. Some lenders are even offering variable rate mortgage deals with a “2” in front. Financial comparison website Mozo’s analysis of the mortgage market showed the […]

  10% Price Rises Predicted Price rises as high as 10% have been predicted for major city markets following a resurgence in sentiment and activity in the wake of a series of positive events. Auction clearance rates in Sydney and Melbourne have had another strong showing and recovery in price levels appears to be underway, […]

  Affordability Best In 20yrs: HIA Housing affordability is the best it’s been in two decades with mortgage repayments now consuming the smallest proportion of earnings since 1999, the Housing Industry Association says. Softer housing markets and a reduction in interest rates combined to improve affordability during the June Quarter, while average earnings have begun […]