Posts tagged "housing market"

Inflation and rising interest rates are pushing Australia towards a likely recession. And on the list of culprits, RBA governor Philip Lowe is very near the top.

The politics of Morrison's super-for-homes announcement are obvious and desperate. But what of the economics of this ongoing obsession with the housing market?

We now have almost 60 years of unequivocal evidence telling us that anything that allows Australians to pay more for housing than they otherwise would results, primarily, in higher house prices.

Prime Minister Scott Morrison said his government, if re-elected, would let first home-buyers withdraw up to 40% of their super.

The Yorke Peninsula has become a real estate hotspot as country South Australia takes the mantle for the fastest growing regional house prices in the nation.

The RBA is abandoning its policy of “yield curve control”, meaning it will no longer defend any particular interest rate for borrowing over any particular duration.

National retail chain Focus Group has collapsed into administration, blaming "unsustainably high rents" for unprofitable operations.

Gerry Harvey says a "sum total of an awful lot of things" are weighing on the retail sector in the lead up to Christmas.

Some housing exposed retailers are experiencing a slow-down, but a potential rebound may be on the way.

We’re clearly in the next stage of the property cycle, one of moderate growth in some regions and virtually no growth in others. Australia’s property markets are very fragmented, driven by local factors including jobs growth, population growth, consumer confidence and supply and demand. 

most houses sell for the fair market value – the price a willing buyer will pay, and a keen seller will accept, given that neither the buyer or seller is under pressure to close the deal.

This year saw some significant changes in our property markets. The year started with a bang and finished with a whimper.

And in the mid…