THE REVIVAL OF THE HOUSING MARKET
September 11, 2020
The uncertain COVID-19 induced housing correction may be coming to an end for all cities except Melbourne and potentially Sydney, according to the latest daily CoreLogic index data. Brisbane, Canberra, and Adelaide having all seen home values increase marginally whilst Perth has not fallen since its stabilisation in early August.
Any potential revival in home values should be strengthened by supportive actions in the approaching federal budget and the government’s aspiration to attract top global talent and capital in the context of the pandemic related turbulence in the US, Hong Kong, Europe, China and political chaos.
Click here to read the full article:
Read Our Other Articles
‘Walk Thru Floor Plan’ Event
Last Friday, Griffin Projects Group hosted an exclusive ‘Walk Thru Floor Plans’ event to showcase real size floor plans of our...
Millennials jumping into the property market
Young Western Australian‘s have experienced a significant savings boost due to the lock down measures decreasing their spend on...
Clearing the way for Reside on Money
It has been an action packed week on Money Street, with an excavator on site demolishing the old house...
WHAT MAKES AN APARTMENT DEVELOPMENT ‘BOUTIQUE”?
Boutique Apartments and townhouses are a growing trend in Perth, on the east of Australia, and abroad. The word...
FANTASTIC NEWS FOR FIRST HOME BUYERS
Effective today, first home buyers are now eligible for a massive 75% rebate on stamp duty fees when buying...
Dorado oil field set to boost WA’s oil and gas industry
A new oil field discovery brings great news to WA’s oil and gas industry Carnarvon Petroleum’s Dorado oil field...
Scarborough’s facelift reaps property benefits
Scarborough's facelift reaps property benefits West Australians are rediscovering Scarborough after the $100 million redevelopment has injected new...
Return of consumer confidence in Australia
“The return of consumer confidence, high household savings, and a decline in the number of people on JobSeeker are...
Property prices surge creating a rush to build
Developers have been pushed to start bidding for housing project sites again in Melbourne and Sydney as the annualised...
Statistics indicate increased confidence in WA’s property market
More good news for WA’s property market with fresh data from the ANZ/Property Council Survey revealing that confidence is...
