Markets

The property market is bracing for the collapse in international student numbers – with Australia’s economy to feel the blow for years to come

International students no longer coming to Australia is set to have major economic ramifications, including to the property market. A new report from the National Housing Finance and Investment Corporation (NHFIC) projects demand for housing will fall by 232,000 over the next three years as a direct result of international […]
The property market is bracing for the collapse in international student numbers – with Australia’s economy to feel the blow for years to come
Markets

Rents are falling the fastest in these 11 cities

Renting is getting less expensive for people living in the largest US metropolitan areas. In September, rents declined on an annual basis in more than half of the nation’s 35 largest markets, the first time in six years, according to data from Zillow. Portland, Oregon and Seattle, Washington saw the […]
Rents are falling the fastest in these 11 cities
Markets

Rents are increasing rapidly in some Australian cities

Housing rents in Australia are rising, and rapidly in some areas, after a long period of weakness. Weekly rental rates increased by 2% in the year to June, a noticeable acceleration from the flat annual outcomes reported less than a year ago, according to Tim Lawless, head of research at […]
Rents are increasing rapidly in some Australian cities
Markets

There’s never been a better time to rent in Australia

Australian capital city rents were stable in the 12 months to January, marking the first time in at least two decades that rental rates failed to increase. The latest CoreLogic RP Data rental index grew by 0.2% for the month, leaving the index unchanged from a year earlier. Rents for […]
There’s never been a better time to rent in Australia
Markets

Australian rental growth craters to an all time record low

Weekly rents across Australia’s capital cities rose by just 0.3% over the 12 months to the end of November. It is the lowest growth rate on record. According to the latest CoreLogic RP Data monthly rental review released today, combined rental rates across Australia’s capital cities rose to an average […]
Australian rental growth craters to an all time record low