Industry confidence rebounds, but will house prices skyrocket?
Property market confidence in Victoria has rebounded for the first time in four quarters according to the ANZ/Property Council Confidence Survey released.
Tag: property
WA home buyers are the winners in METRONET precincts
The Property Council WA has declared West Australian home buyers the winners in the wake of a State Government commitment not to add to the cost of building homes in METRONET precincts.
Increased confidence a positive sign for the NSW property industry
The latest ANZ/Property Council Survey has shown NSW property industry confidence has improved, demonstrating a more positive outlook for the property industry in NSW.
Confidence takes a dive in the Capital post federal election
Property industry confidence in the ACT has fallen for the September 2019 quarter according to the latest ANZ/Property Council Survey. The quarterly survey tracks sentiment from across the property industry, including the residential and commercial sectors.
Three reasons why SA’s confidence could fall off a cliff
South Australia has delivered the nation’s highest level of property sector confidence for the sixth consecutive quarter – but here are three reasons why it could quickly fall off a cliff.
Positive indicators point to rising confidence post-Federal election
Confidence in Western Australia’s property industry has jumped nine index points following the Federal election and is now the second highest of any state or territory.
Property industry confidence shows post-election jump but challenges remain
Property industry confidence has jumped following the federal election outcome in a positive sign for the Australian economy, but the Property Council has warned that a number of economic factors remain challenging for the industry which is Australia’s largest employer.
APRA lending guidelines and income tax cuts provide welcome confidence boost
APRA’s decision on residential mortgage lending guidelines and successful passage of the Federal Government’s personal income tax cuts package will provide a welcome shot of confidence for the property sector at a critical time for the Australian economy.
More evidence of post-election bounce in housing market
“The number of building approvals for new homes across Australia increased during May (2019), adding to evidence that Australia’s housing market is in the early stages of a recovery,” Shane Garrett, Master Builders Australia Chief Economist said.
ANZ decreases variable home loan rates
ANZ announced it will decrease variable interest home loan rates in Australia by 0.25%pa, following the Reserve Bank of Australia’s decision to reduce the official cash rate.
New laws pass protecting Victorian homeowners
The Victorian Government has enshrined laws protecting Victorians buying property off-the-plan from delay tactics used by some property developers to rip people off.
Cities, infrastructure and housing in focus in new ministry
The Property Council of Australia has welcomed the announcement of the new Federal Government ministry.