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Market Updates

Getting Ready for a Blossoming Spring Property Purchase

Spring is usually a busy time of year for buyers AND sellers and with property prices still on the rise in many markets, despite the Reserve Bank of Australia’s aggressive interest rate hikes since May 2022. Property prices rose 0.7 per cent in July – the fifth straight month of gains.

Listings are also on the rise but remain below 2022 levels. If you’re a prospective buyer, you’ll need to be ready to pounce when you find a bargain this spring. Check out our latest article here.

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July Market Update

Some positive news for homeowners this month, with the Reserve Bank of Australia (RBA) deciding to keep the cash rate on hold at 4.1 per cent. Meanwhile, Australia’s housing values moved through a fourth month of recovery in June. Property prices continued to climb in most markets, with CoreLogic data showing a 1.1 per cent rise in national property values

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June Market Update

Australia’s winter housing outlook is improving, with rising property prices and stronger market conditions. Since February, we have seen three consecutive months of positive growth in housing values due to a significant imbalance between supply and demand. This month, experts warned that if property prices continued to grow as they have in recent months, we may see

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