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Australian Scene According to AAP, home prices across Australia’s capital cities, based on median sales prices in each market and potentially skewed by more higher end sales and fewer mid and low market sales, have continued to increase, rising an average of 10.2 per cent in the year to June, thanks to strong growth in […]
If you’ve been contemplating a sale, there is some indication from experts that now may be the ideal time to sell up and capitalise on growth markets. With growing concern from economists that Australia’s housing market is in a bubble and has reached its peak, there’s a feeling that a significant correction is imminent, especially […]
Economist and former Liberal leader John Hewson recently came out saying that Australia’s housing market is in a bubble caused by the “neglect and drift” of successive state and federal governments. ASIC boss Greg Medcraft recently mentioned a bubble and the Commonwealth Treasury secretary John Fraser also declaring a bubble in parts of Sydney and […]