If you’ve been keeping an eye on the property market lately, you may have noticed a clear trend: there are fewer homes for sale compared to this time last year. This shift in supply has a big impact on both buyers and sellers, understanding what it means can help you make smarter decisions in today’s market.
The CoreLogic Home Value Index results for October out today confirm a 1.2% rise in national dwelling values over the month, delivering the fourth straight month of rising values.
If you’re looking to invest in real estate it is important to understand the current market trends. Here’s a rundown of some of the key market indicators and what they might mean for you.
If you’re an investor looking to capitalise on the current market conditions, check out these top tips.
Australia inflation rate has continued to undershoot Reserve Bank expectations with the cost of living rising by 1.7 per cent over the year to the end of September.
When you apply for a home loan, the lender will request a wide range of information from you. A lender needs to be sure that you’ll be able to meet your repayments and comfortably service the loan, so you’ll need to provide information about your income, your assets and your liabilities.
Interested in property investment?
If so you probably want to make sure your portfolio is successful and will grow in value.
But with so many pieces to the property research puzzle, how do you make the right decisions to ensure positive outcomes?
I believe demographics will hold the key to the future of our property markets.
How many of us there are, how we want to live and where we want to live will be a more important factor shaping our future property markets than the short term ups and downs of supply and demand, consumer sentiment or interest rates.
This means understanding Australia’s lifestyle and demographic trends will provide you with the type of insight you need for constructing a successful property investment portfolio.