RBA Announces Further Cash-Rate Increase – What’s Next?
RBA Announces Further Cash-Rate Increase – What’s Next? Weekly Real Estate Market Update with Leigh Martinuzzi MPG It was a Gold Trip on the racetrack Tuesday yet for the RBA it meant a further 0.25% cash rate increase which will be passed on by all major banks. The cash rate now sits at 2.85%, which […]
How Far Will Prices Need to Fall? Market Update with Leigh Martinuzzi MPG
How Far Will Prices Need to Fall to Reach Pre-COVID Levels? Weekly Real Estate Market Update with Leigh Martinuzzi MPG After analysing the market charts this week, I feel there are a few things to share and consider. Firstly, Sydney has now seen double-digit declines in property prices since it peaked in February. Sydney has […]
Local Activity Improves as Property Australia’s Property Price Decline Eases
Local Activity Improves as Property Australia’s Property Price Decline Eases Weekly Real Estate Market Update with Leigh Martinuzzi MPG Spring is the time to sell for many homeowners across the country. The weather becomes more bearable, gardens start to bloom, and typically we see more seller and buyer activity with people seeking to make […]
September Quarterly Market Update with Leigh Martinuzzi MPG
September Quarterly Market Update with Leigh Martinuzzi MPG Across Australia during the first month of spring national house prices have fallen a further -1.4%. The good news is that this rate of decline now seems to be slowing. August saw prices drop by -1.6%. Keeping in mind too that during 2021 it wasn’t uncommon to […]
Australian House Prices Set to Rise Further – Leigh Martinuzzi MPG
Australian House Prices Set to Rise Further Weekly Real Estate Market Update with Leigh Martinuzzi MPG There is a definite sign of lowering demand in the property market right now. My feeling is that this period of uncertainty won’t last long. Using historic property charts and trends, there and several economic and housing experts […]
The History of Australian House Prices & Affordability – Sunshine Coast Prices 2008
The History of Australian House Prices & Affordability Weekly Real Estate Market Update with Leigh Martinuzzi MPG Dwelling prices continue to lower this week as we head into spring. Consumer confidence wanes while Australia’s house prices remain at an all-time high. The good news is, that it’s looking as though the current downturn might be […]
A Few Things to Consider in A Softening Market with Leigh Martinuzzi MPG
A Few Things to Consider in A Softening Market Weekly Real Estate Market Update with Leigh Martinuzzi MPG House prices continue to decline over the month of August; however, it has been an improvement from the dwelling price decreases observed in July. Brisbane has recorded a -0.5% decline in values over the month […]
Why There Won’t Be a Market Crash! with Leigh Martinuzzi MPG
Why There Won’t Be a Market Crash Weekly Real Estate Market Update with Leigh Martinuzzi MPG There are some headlines and experts talking of a massive market crash. Prices will drop by up to and maybe beyond 30%, at least this is what they’re telling us. On top of this, there are fears […]
RBA Raises Cash Rate a Further 0.5%… What’s Next? with Leigh Martinuzzi MPG
RBA Raises Cash Rate a Further 0.5%… What’s Next? Weekly Market Update with Leigh Martinuzzi In Australia, inflation now sits around 6%, with forecasts that it may reach nearer 8% by the end of the year. However, if the RBA’s plan works out, by lifting the cash rate, as they’ve been doing, we […]
How Far Will Interest Rates Rise? + 2022 Property Price Forecast – with Leigh Martinuzzi MPG
How Far Will Interest Rates Rise? + 2022 Property Price Forecast Weekly Real Estate Market Update with Leigh Martinuzzi MPG The RBA is committed to keeping inflation in the 2% to 3% range and at the moment it’s well above this. According to the RBA Governor Phillip Lowe, their goal is to lift […]
