Tag Archives: Rents

Housing market report says home prices will rise by 20% willl cause mortgage rates to rise

To keep interests low and to provide affordable housing, Australia has to make it a priority to develop residential land, and to build homes to an over supply situation. That will have to mean developing new more efficient methods of developing land and building homes.

Homes are still selling despite Brisbane house prices heading south.

The number of properties sold in Brisbane has slumped by 18.6 per cent in the past 12 months – the worst property market decline recorded in Australia. Sales were down 10,000 compared with the same period last year. Just 40,868 homes changed hands during the year, compared with 50,211 in the 12 months to October [...]