The rental market is still strong, with the vacancy rate in the inner city reportedly below 2%. This is expected to continue, with more demand in early December as prospective tenants attempt to find accommodation before the holiday period. Such high demand for properties coupled with strong population growth, rent prices are rising and tenants are [...]

Honestly, does this look like an economy in recession – confidence levels are soaring and home lending is again on track to record highs. The raft of stimulus packages and rate cuts are working, with the extra dollars lifting spending power and boosting spirits. Aussie consumers have been hit by all manner of bad news over [...]

Housing finance: The number of new owner-occupier housing loans rose for the fifth straight month in February, lifting by 0.4 per cent. The number of home loans (56,235) is at 11-month highs. Construction loans rose by 2.6 per cent, while the purchase of newly erected dwellings rose by 4.1 per cent. Loans for the purchase of [...]