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
WA CLIMBS BEST PERFORMER ON COMMSEC LEADERBOARD
WA currently leads the nation in three of eight indicators used by CommSec to measure economic strength over the...
WA IS SAILING THROUGH THE ECONOMIC STORM
The State Governments hard border closure, the ongoing strength in the mining sector and the states low reliance on...
VICTORIA GEARING UP FOR ECONOMIC RECOVERY AS GOVERNMENT ANNOUNCES MAJOR PROJECTS
Victoria’s economic recovery is set to be bolstered by the acceleration of more than $1 billion worth of building...
Demolition completed for The Residence development
In an important step for The Residence development, demolition on the Scarborough site has officially been completed. In keeping with...
$510M Biome Project to supercharge WA’s tourism
The Biome Project is 3 large, dome structures built to showcase the unique climates and environments of Western Australia....
Perth | luxury housing market among world’s best
Perth has been ranked among the top 23 cities in the world for luxury property market growth in Knight...
WA set for $4.5 million over the next three years in GST top-up deal
Federal Treasurer Josh Frydenberg and WA Treasurer Ben Wyatt finalised a deal this week which will see Western Australia...
Large infrastructure set to supercharge WA’s economic recovery
WA’s economic recovery from COVID-19 will be supercharged by executing a list of large construction projects that will create...
PERTH | the perfect playground for Singaporeans
Perth’s tourism sector has increased by 3% from the previous year in which tourists collectively spent approximately $2.2 billion....
A SAFE AS HOUSES PERTH MARKET BRINGING BACK THE INVESTORS
March has seen lending for housing investments in WA surge to a whopping $462 million continuing its five-year high...
