Small Business Pays The Cost Of Rising Wages
Australian households are yet to feel the full impact from the Reserve Bank’s tightening cycle on mortgage repayments, with economists tipping the first half of 2024.
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Home Prices On Track For 20pc Fall As Rate Rises Bite
Thanks to the Reserve Bank of Australia’s extraordinary decision to hammer unsuspecting households with 125 basis points of mortgage rate increases in just two months (from May 4 to July 6).
Distressed Home Listings Jump
The number of distressed residential listings jumped by more than 10 per cent across NSW in June over the previous month, as vendors struggled to get a sale amid low demand triggered by higher interest rates.
Home Sellers Slash Prices In Sudden Halt To Boom
The turn in the US housing market has been sharp and swift. Just ask Karlyn and Jack Stenhjem, would-be downsizers who dropped the asking price for their home near Seattle by almost $US100,000 ($147,000) since May.
Sydney Eyes 10pc Fall In Prices
Sydney house prices have dropped by 1 per cent through May in the largest monthly decline since January 2019.
Negative Equity Risk Rises As House Prices Fall In 307 Sydney Suburbs
Home owners who bought in Sydney or Melbourne in the past few months are facing a heightened risk of falling into negative equity, especially if they bought their properties with a low-deposit mortgage.
Five Key Drivers Behind The Great Aussie House Price Correction
The great house price correction has begun: the all-regions (metro plus non-metro) national dwelling value index published by CoreLogic declined by 0.1 per cent last month.
What to do when your fixed rate ends?
Mortgages These five options show how you can save $35,000 over two years by making the right choice. Duncan Hughes reports.