October 2024 Property Market Update: Momentum Continues To Cool
In October, CoreLogic’s Home Value Index (HVI) showed a modest rise of 0.3%, marking the 21st consecutive month of growth. The Australian property market showed further signs of cooling in October, with growth mainly driven by mid-sized capitals, while larger cities like Sydney and Melbourne softened. Though the market has generally grown since early 2023, […]
Cash Rate Decision November 2024: RBA Leaves Rate Unchanged At 4.35%
The Reserve Bank of Australia has opted to keep the cash rate target unchanged at 4.35% at its November 2024 meeting. Why Did The RBA Hold The Cash Rate In November 2024? The RBA has left the rate steady to continue monitoring economic conditions closely. While inflation has moderated, it remains above the target range. […]
Cash Rate Decision September 2024: RBA Leaves Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has decided to leave the cash rate target unchanged at 4.35% during its September 2024 meeting. Why Did The RBA Hold The Cash Rate In September 2024? In its statement, the RBA noted that inflation, while down from its 2022 peak, persists above expectations. The trimmed mean measure of […]
Cash Rate Decision August 2024: RBA Leaves Cash Rate Unchanged At 4.35%
The Reserve Bank of Australia has decided to leave the cash rate target unchanged at 4.35% during its August 2024 meeting. Why Did The RBA Hold The Cash Rate In August 2024? The decision was influenced by several key factors: Persistent Inflation: Inflation has come down substantially from its peak in 2022, although it remains […]
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 […]
