‘A seller’s market’: House values hit record high after strong January

“Advertised supply levels are low while demand is strong. This is a seller’s market, but for some reason we are still seeing below normal vendor numbers across most markets. With sentiment rising and selling conditions favouring the vendor, it is reasonable to expect new listing numbers will rise as the year progresses which may help to temper housing market conditions.”Values across regional NSW lifted by 1.5 per cent in January to be 4.7 per cent better over the past quarter.

Values in regional Victoria increased by 1.6 per cent in January to be 4.8 per cent up over the quarter compared to Melbourne’s 2.1 per cent improvement.Mr Lawless said it appeared people were moving out of Sydney and Melbourne and heading for regional areas. “Better housing affordability, an opportunity for a lifestyle upgrade and lower density housing options are other factors that might be contributing to this trend, along with the new found popularity of remote working arrangements,” he said.

The Reserve Bank board meets on Tuesday with it expected to hold official interest rates at their current record low level of 0.1 per cent.

swrighteconomy This newspaper donated thousands of dollars to the Liberal party What do they get in return ?

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

‘A seller’s market’: House values hit record high after strong JanuaryHouse values across the country reached their highest level on record with prices lifting in every capital city.
Herkunft: smh - 🏆 6. / 80 Weiterlesen »

‘A seller’s market’: House values hit record high after strong JanuaryHouse values have climbed to their highest level on record with every capital city in the country experiencing an increase through the first month of the year. property propertymarket houseprices robinhood looking at fixing the problem, sell now and sell quickly or lose a fortune How the hell are first homebuyers going to get a house now. Prices were too high even before this latest trend
Herkunft: theage - 🏆 8. / 77 Weiterlesen »

Real estate agent wins appeal against 'unconscionable conduct' finding after buying pensioner's house below market valueAdelaide real estate agent Zane Pitt says he is 'very, very happy' after a court ruled that the pensioner he bought a house from for $175,000 did not have a 'special disadvantage' during the transaction. Mr Pitt's daughter subdivided and built two properties on the block, which went on to sell for a total of $765,000. What do people expect from real estate agents? Altruism Philanthropy Criminality, duplicity etc is wired in the blood Still a dog's act. Nice big cheesy smile photo ,before or after this outrageous debacle, from men who sat in judgment that should have been retired long ago
Herkunft: abcnews - 🏆 5. / 83 Weiterlesen »