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
PERTH HOUSING CRISIS
WA is facing a shortage of about 20,000 homes within four years, with fears this will keep local house...
Quick recovery could reduce Government bailout spend
The JobKeeper and JobSeeker schemes, originally budgeted to cost $130 billion with the expectation that 6 million people would...
WA house price increases despite pandemic fears
The Real Estate Institute of WA (REIWA) has stated the index for Perth’s house prices has remarkably increased by...
Get to know our Project Manager
Get to know our Project Manager Introducing Brett Garret! With years of experience in project management under his belt,...
EXPERTS PREDICT HOUSE PRICES WILL GROW IN 2021
Experts predict Perth will have the nation’s biggest property boom in 2021, only months after warnings of economic collapse...
Australia standout performer from IMF’s bleak pandemic picture
The recession caused by the COVID-19 pandemic has caused a worldwide recession far deeper than expected but Australia is...
NATIONAL HOUSING PRICES SPIKE BEATS THE MARKET
Sydney house prices could yet again rise for the June quarter as vendors lift their asking prices faster than...
Scarborough’s $120 Million Woolworths Tower Project
Scarborough is set to receive even more investment with a planned $120 million-dollar redevelopment of Scarborough’s White Sands Tavern...
Australia Paving the way to economic recovery
Australia is paving the way for the world out of the COVID-19 induced recession, however the Organisation for Economic...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
