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Low interest rates and government stimulus measures for housing during the COVID-19 pandemic have seen building approvals for houses soar to their highest level…
NEWS & INSIGHT
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Mortgage deferrals slashed again (https://www.businessinsider.com.au/australia-mortgage-deferrals-loans-repayments-2021-1)
Australian mortgage deferrals have fallen to just a quarter of their peak, according to the latest APRA figures.
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Australia's home value index is up 3 per cent on the previous year as buyers choose low-density houses in the country over high-density apartments in cities.
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Property in Australia’s capital cities rose an average of 3 per cent in 2020, while regional markets climbed 6.9 per cent higher.
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Buying a home in every capital city across the country except for Melbourne became more expensive in 2020.
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With prices on the up and confidence growing, it seems finally some good news has dawned on the Perth housing market.
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The pandemic has driven a year of record spending in the housing market, with Sydneysiders leading the way.
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Five of Australia’s eight capital cities are on course to experience double-digit house price growth in 2021.
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Predictions of a coronavirus pandemic-induced property pricing fall had little impact on sentiment in the prestige market.
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The economy faces headwinds in the new year as it continues to grapple with the impact of the coronavirus, but growth is set to pick up earlier and faster.
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Many of the suburbs earmarked for growth in 2021 are in lesser-known locations.
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Property experts are forecasting 2021 to be a boon year for Australian house prices as the market surges through a temporary "pause" created by COVID-19.
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