Rising Rents Drive Home Buying
Rapidly rising rents could push some aspiring homeowners to pull the trigger on buying a home, despite higher mortgage rates and inflated house prices, experts say.
Rapidly rising rents could push some aspiring homeowners to pull the trigger on buying a home, despite higher mortgage rates and inflated house prices, experts say.
Auction clearance rates fell sharply across most capital cities as the first interest rate rise in more than 11 years unnerved buyers who are worried about the impact of higher mortgage costs on their household budgets.
Home loans Whether you’re an owner-occupier or investor (even via your DIY super fund), you can use these strategies to help handle interest rate rises, writes Duncan Hughes.
Stormy waters Everyone, from the Reserve Bank to economic commentators, has reached a consensus that Australia is in for a sustained period of increasing rates, writes John Kehoe.
Lower demand for housing as a result of higher interest rates and tighter lending is more likely to trigger faster and deeper price falls than any widespread mortgage defaults caused by the rising cost of credit.
Tipping point The double-digit growth in unlisted real estate funds thanks to cheap money could be coming to an end, particularly for newer releases, writes Duncan Hughes.
Emerging market funds are being hit with increased withdrawals as investors worry that soaring food and oil prices will fuel social and political tensions.
House prices in some suburbs on Sydney’s northern beaches and the Gold Coast have doubled every three to four years in the past decade, fuelled by low levels of stock and a growing number of affluent buyers.