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Property of the Week – 8 July 2013

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Where is demand for higher than average residential property?

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Article by RP Data research director, Tim Lawless Over the year to March 2013 RP Data estimated that there were 400,209 house and unit sales nationally; 2.3% more sales than over the same period a year ago but 8.8% fewer sales than the five year average. Dwelling sales have been rising (at least in trend…Read More→

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June 2013 Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting on 4th June, the Board decided to leave the cash rate unchanged at 2.75 per cent. Information becoming available since the previous meeting is consistent with global growth running a bit below average this year, with reasonable prospects of a pick-up next year. Commodity prices have declined from their peaks but, overall,…Read More→

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Why are investors returning to the housing market?

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Source: RPData Weekly rents have increased by 3.5% over the past year while value growth has been moderate and there has been virtually no change to yields yet investor activity in the housing market is ramping up , this week we examine why this is occurring. Rental growth over the past 12 months across the…Read More→

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