However, the full effect of tighter lending guidelines is yet to be felt, according to the Housing Industry Association (HIA). Lending to investors constructing new homes increased 11.7 per cent in July to reach a new all-time high....
The average quarterly growth rate of all other capital city housing markets was just 0.92 per cent. This huge increase in value has pushed Sydney’s housing market through the million-dollar benchmark, with the median house now valued at $1,017,500. The following...
The analyst’s House Price Report for the December quarter of last year shows the nation’s housing price rose by 2.1 per cent. Other capitals also saw value rises at the end of 2014, with all but Darwin recording positive gains....