Stay ahead with the latest real estate market updates and trends.
Australian property values have hit a new all-time high just one month after the RBA's historic February rate cut, with national values up 0.4% in March.
Long anticipated green shoots are emerging in the property market, with values up by 0.8% over November 2020.
Parts of Sydney and Melbourne are still riding out the impacts of COVID-19 and the recession.
There has been plenty of good news for Australia's property market, as mortgage holders resume their loans and housing prices rise.
Low mortgage rates and falling home prices are encouraging Australians to invest in property, despite COVID-19 and the recession.
The RBA's November rate cut was an early Christmas present for many property investors, who may not need to negatively gear.
More than 88% of property resales are still making profits, despite Australia falling into a recession for the first time in about 30 years.
COVID-19 has been an "unprecedented shock" to the Australian rental market, according to the RBA.
Major changes to housing rental laws in Victoria are looming, and some will prove to be costly for landlords.