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
AUSTRALIA HITS GOLD PRODUCTION MILESTONE
Australia’s gold production hit a record high milestone producing 328 tonnes in the first six months of this year...
Australia’s household wealth hits $1m for the first time
Superannuation and rising property values have worked hand in hand to drive Australia’s average household wealth past the $1...
| 204 Walcott |
How stunning is this image captured of our completed 204 Walcott Development! We are so proud of this development...
Perth’s housing affordability – the best it’s been in years
Perth has one of the most affordable property markets of any capital city in Australia. A decline in housing...
A typical day In Tuart Hill
With One54 Tuart tucked away on the tranquil Banksia Street in the upcoming suburb of Tuart Hill, an abundance...
WA economy back on track
Premier, Mark McGowan believes WA is “on the cusp of great economic activity”. The state has entered into a...
REIWA’s push for stamp duty to stay
RIEWA president Damian Collins is urging all political parties to look into options to extend the buying-off-plan 75% stamp...
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....
Interest rates and political elections driving Adelaide’s property market
According to a recent Herron Todd White residential report the South Australian property market is being driven by two...
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...
