Cash Rate Decision June 2024: RBA Leaves Rate Unchanged At 4.35%
Why Did The RBA Hold The Cash Rate In June 2024? This decision is rooted in the ongoing challenge of controlling inflation. While inflation has decreased from its most recent peak in 2022, the Reserve Bank of Australia (RBA) noted that “the pace of decline has slowed in the most recent data, with inflation still […]
Queensland’s 2024-25 Budget Offers First-Home Buyers More Help
The Queensland Government has rolled out its 2024-25 Budget with a strong focus on addressing housing affordability issues and making homeownership more attainable. This year’s budget introduces huge changes aimed at easing financial pressures and supporting the housing sector, providing substantial benefits for both current homeowners and those looking to purchase their first home in […]
May 2024 Property Market Update: Home Values Continue Upward
In May, CoreLogic’s Home Value Index (HVI) showed a notable rise of 0.8%, marking the 16th consecutive month of growth. This increase is the largest since October last year, indicating a robust housing market recovery across various regions. Here’s CoreLogic’s report in full. State Performance Overview This table provides a clear and concise overview of […]
Cash Rate Decision May 2024: RBA Leaves Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has decided to keep the cash rate steady at 4.35% for May 2024. Why Did The RBA Hold The Cash Rate In May 2024? In its statement, the Reserve Bank’s board noted, “Inflation remains high and is falling more gradually than expected,” which underscores the difficulty in moderating the […]
April 2024 Property Market Update: Gains Despite Tough Economy
In April, the CoreLogic national Home Value Index (HVI) rose by 0.6%, maintaining the same pace as the previous months. This rise has added about $4,720 to the median dwelling value, bringing the total growth since last year’s trough in January to 11.1%, or about $78,000. Here’s CoreLogic’s report in full. State Performance Overview This […]
March 2024 Property Market Update: Growth Continues
As we dive into the latest insights from CoreLogic’s national Home Value Index (HVI), it’s clear that the property market is a dynamic landscape with its own unique rhythm and pulse. Let’s unpack the highlights from March 2024 and what they mean for buyers, sellers and investors alike. Growth Varies Across Cities March marked the […]
Cash Rate Decision March 2024: RBA Leaves Cash Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 4.35% for March 2024. Why Did The RBA Hold The Cash Rate In March 2024? In its statement, the Reserve Bank’s board noted, “While recent data indicates that inflation is easing, it remains high. The Board expects that it will be some […]
Housing Values Re-Accelerate in February
The Australian housing market showed signs of improvement in February 2024, as housing values experienced a subtle re-acceleration. CoreLogic’s national Home Value Index (HVI) for February 2024 increased by 0.6%, marking the strongest monthly gain since October 2023. Except for Hobart, where the market fell by 0.3%, all capital cities and rest-of-state regions recorded a […]
Cash Rate Decision February 2024: RBA Leaves Cash Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 4.35% for February 2024. Why Did The RBA Hold The Cash Rate In February 2024? In its statement, the Reserve Bank’s board noted, “Inflation continued to ease in the December quarter. Despite this progress, inflation remains high, at 4.1 per cent.” The […]
January 2024 Property Market Insights From CoreLogic’s HVI
The Australian housing market showed resilience in January, continuing its upward trajectory into 2024. In the latest CoreLogic Home Value Index (HVI), national dwelling values increased by 0.4% in January, marking the 12th consecutive month of increases. While there are variations in performance across different regions, the overall trend indicates sustained growth in the housing […]
