1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar




Property News

Residential property slowdown may not be bad news

December 29, 2011

Recent reports have shown that key measures of residential real estate growth have recorded a slowdown in a period traditionally associated with growth.

The spring selling season is known to deliver an increase in both housing turnover and property prices - however there seems to be a missing element this year as both figures measured flat to moderate growth across the range.

With auction rates lower than expected and dwelling values registering little in the way of change, it could be that there is a mismatch between buyer capacity and seller expectation.

However, this is not necessarily a negative outcome for the market as a whole as it can give rise to a number of new opportunities.

Investors and first homebuyers already receive a number of government led incentives to enter the housing industry - with special grants and capital gains exceptions that vary from state to state.

With interest rate cuts over the last two months and a fairly flat market, these buyers can now afford to take the time to examine their options before committing to a purchase.

In this way both parties will be able to get to grips with residential real estate at a pace that suits them - taking some of the haste out of a buying decision.



Related Articles

Are units the future homes of Australia?

The current low interest rates have fueled Australia's hot property market, particularly in ...
read more

How affordable are Australian homes?

When it comes to buying a house, affordability is one of the most important aspects for any buyer. ...
read more

Residential growth refusing to slow

New details in residential housing growth mean the economy's strength will continue in the ...
read more

Latest Articles

How is Australian investment faring?

Looking at the investment property market, it appears that the industry is thriving. The Australian ...
read more

Council calls for property reform

Buying a property comes with a wide range of fees and taxes, depending on where you buy and the ...
read more

Home values just keep on rising

Despite an alleged peak in home building having passed and a cooling in growth, there is still a ...
read more