The concept that owning property is a license to print money is under threat.
The coronavirus pandemic has forced many households to think differently about how they work, educate their children and prepare for financial shocks.
Property prices for houses up for auction across Australia were dramatically slashed during April as agents rushed to clear stock during the COVID-19 pandemic.
From record lows in April, the Perth property market has made a “surprisingly” quick recovery.
With WA having flattened the curve, it seems the market’s formerly underwhelming position can finally justify optimism.
The coronavirus and associated business shutdowns have delivered a dramatic shock to the property market.
The unemployment rate in Victoria is set to double and house prices are expected to slide by 9 per cent this year due to the devastating economic impact of the …
Property prices have fallen on a week-to-week basis for the first time since August, fuelling concerns the housing market is careening towards a catastrophic sl…
The Commonwealth Bank has revised its property forecasts downwards, stating the coronavirus will have “profound short-term consequences” for the market.
Australian Property Investor Magazine
Australia’s peak real estate industry group has warned the federal government that providing stimulus for new homes and not established dwellings could have detrimental effects on the property sector and the wider economy.
Sublease office space in Sydney’s CBD has surged to a 10-year high, but COVID-19 hasn’t been the primary cause, according to analysis by commercial agency CBRE.
ASX-listed residential leasing portal Rent.com.au says a recent surge in the number of renters getting ready to move is indicative of the increasing optimism in property circles that Australia is past the worst of the coronavirus pandemic.
COVID-19 has placed stamp duty reform back on the agenda in Victoria, New South Wales and Western Australia, with state governments expected to face tumbling revenue due to a sharp reduction in transaction volumes during the crisis.
Australian Property Investor Magazine this week sat down for a virtual coffee with leading Melbourne academic, Sam Tsiaplias, a senior research fellow in the Macroeconomics Research Program at the Melbourne Institute of Applied Economic and Social Research.
Property market headlines around Australia right now are full of doom and gloom. They are usually based on a worst-case scenario, which includes a long and drawn out economic downturn on the back of the COVID-19 pandemic, but is this what we now expect?