Housing market cooling off but rents likely to keep rising, surveyors say

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Surveyors say interest from new house buyers has slipped for the third consecutive month, but prices are still rising.

Surveyors say they are seeing evidence that the housing market is starting to cool.

In its monthly survey, the Royal Institution of Chartered Surveyors found that 27% of professionals reported a fall in interest from potential house buyers.Despite this, 65% of professionals said they had seen an increase in house prices, mostly due to a lack of available properties for sale.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Mortgage interest rates rise so landlords lifestyle or Portfolio affected so raise rents let the Plebs pay Fuel hikes let the Plebs pay as your shares are not paying so much

Oh and the wonderful Conservatives can’t cap rents? How comes Shareholders in Fuel don’t suck it up in the bad times as a bad investment like I would with say Bitcoin if the arse fell out of it temporarily and Landlords hike the rents to pay hikes in mortgage interest rates?

Boris Johnson should be travelling to Ukraine and try to spend one week, visiting front line and many places, if he has balls he can do it, like Churchill during WW1, I am just reading about it, in Czech Republic It might be nice ending Boris career, tell him

Most landlords are greedy. Income from over-charging; all the while the mortgage is being paid off. I'm sure they're lovely, though. I state that because landlords are like folk who ride bicycles to and from work... They tend to get angry if you dare to criticise them!

Bring back rent officers and cap rent prices.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Traders say 'unbearable' heat in Leeds market is keeping customers away'Extreme' weather warnings have been issued for later this week and traders say customers are demanding ice
Source: leedslivenews - 🏆 118. / 51 Read more »