Markets

Housing slowdown or not, apartment construction projected to crash

The residential building cycle has already peaked with stand alone house construction slowing down. For apartments, construction is also set to slump, according to projections from Housing Industry Association. It is forecasting that multi-unit dwelling starts will see an annual decline of 11.3% this year, after which the falls will […]
Housing slowdown or not, apartment construction projected to crash
Markets

6 astonishing features of Australia’s current house price boom

The Australian housing boom, which has seen Sydney and Melbourne prices climb to record levels, is very different from previous cycles. This time around speculation has played a bigger role, which coupled with near record low interest rates and dropping rental yields, should produce red flags galore. Home values, particularly […]
6 astonishing features of Australia’s current house price boom