Housing Market Shifts: Rising Costs, Fewer Builds, and Delayed Ownership
Housing Market Shifts: Rising Costs, Fewer Builds, and Delayed Ownership Weekly Real Estate Market Update with Leigh Martinuzzi – MPG Australia’s property market remains in the spotlight this week, with notable developments in housing policy, construction activity, and shifting homeownership mindsets among younger generations. Here’s a breakdown of the most significant insights. The latest CoreLogic […]
How a Cash Rate Cut Could Impact Property Prices Amid Australia’s Housing Shortage
How a Cash Rate Cut Could Impact Property Prices Amid Australia’s Housing Shortage Weekly Real Estate Market Update with Leigh Martinuzzi MPG In this week’s real estate market update, I’ve been following a lot of buzz around the potential impact of the RBA lowering the cash rate. When inflation is high, we know the RBA […]
Sunshine Coast Market Update: Affordability & Listing Growth Amid Price Slowdown
Sunshine Coast Market Update: Affordability & Listing Growth Amid Price Slowdown Weekly Real Estate Market Update with Leigh Martinuzzi MPG Australia’s property market reached a new milestone this week, with total property values hitting $11 trillion—a $900 billion increase over the past 12 months. However, while this sounds impressive, the rate of growth is noticeably […]
RBA Keeps Rates Steady & Housing Affordability Concerns Rise
RBA Keeps Rates Steady & Housing Affordability Concerns Rise Weekly Real Estate Market Update with Leigh Martinuzzi MPG In last week’s RBA meeting, the decision to keep the cash rate unchanged at 4.35% came as no surprise. The Board highlighted that while inflationary pressures are easing, underlying inflation remains a concern. They’d like to bring […]
Real Estate Market Update – Steady Growth Amid Slowing Momentum
Real Estate Market Update – Steady Growth Amid Slowing Momentum Weekly Real Estate Market Update with Leigh Martinuzzi MPG The property market’s momentum continued to slow in September, with price growth of just 0.4% following a 0.3% rise in August. Over the September quarter, values rose a modest 1%, marking the slowest rate of growth […]
RBA Holds Rates Steady: What Does This Mean for the Property Market and Buyers?
RBA Holds Rates Steady: What Does This Mean for the Property Market and Buyers? Real Estate Market Update with Leigh Martinuzzi MPG In property news this week, the Reserve Bank of Australia (RBA) has once again kept the cash rate on hold at 4.35%, which comes as welcome news for many. Inflation has remained above […]
Australia’s Real Estate Market Sees Continued Growth: What’s Ahead for Buyers and Sellers?
Australia’s Real Estate Market Sees Continued Growth: What’s Ahead for Buyers and Sellers? Weekly Real Estate Market Update with Leigh Martinuzzi MPG The combined value of residential real estate in Australia has risen to an estimated $10.9 trillion at the end of July, a significant increase from the $9 trillion seen just before the pandemic. […]
Consumer Confidence Wobbles, But Sunshine Coast Market Stays Resilient
Consumer Confidence Wobbles, But Sunshine Coast Market Stays Resilient Weekly Real Estate Market Update with Leigh Martinuzzi MPG Recent data from the ANZ-Roy Morgan survey reveals a mixed picture for the Australian economy and consumer confidence, which has dipped slightly by 0.8 points to 82.3, remaining below the critical 85-point benchmark. While this may seem […]
Property Prices and Market Trends: Is a Spring Surge on the Horizon?
Property Prices and Market Trends: Is a Spring Surge on the Horizon? Weekly Real Estate Market Update with Leigh Martinuzzi MPG National property prices in Australia continued to rise in August, with the national home price index increasing by 0.5%. While this marks a continued growth trend, the overall pace is slowing compared to previous […]
Spring Surge Ahead: Property Market Trends and Insights for August 2024
Spring Surge Ahead: Property Market Trends and Insights for August 2024 Weekly Real Estate Market Update with Leigh Martinuzzi MPG As we move further into August, the Australian property market is showing signs of change, setting the stage for a busy spring season. According to PropTrack Data, listings in July were up 12% compared to […]
