Sell with Confidence
Read More
News

Ray White Now November 2021

This month we take a look at what you should consider if you’re looking to sell. Price growth continues to accelerate but we’re starting to see days on market increase, a sign that there’s a growing gap between buyer and seller expectations. In addition, the first set of finance restrictions came into effect at the start of November – at present, they are light touch but may be ramped up at the start of 2022.

In our state by state analysis, we hone into luxury markets around Australia. Luxury homes did far better during the pandemic than they otherwise would, driven by cheap finance, high savings rates and of course, some business types that did far better because of the pandemic. Every decade, the median of our most expensive suburbs have increased by $1 million however over the past decade, they have catapulted $2 million ahead.

Every time there’s price acceleration, commentary around house price bubbles ramps up. This month we take a look at when Australia has experienced house price bubbles, and what has driven them. More importantly, we discuss whether we’re currently in a house price bubble.

Finally, our commercial property story this month looks at what to look out for when investing in this type of property. From zoning to lease terms, it is generally more complicated than residential purchases.

We hope you enjoy this month’s edition of Ray White Now.

Up to Date

Latest News

  • Ray White Now – February 2024

    Australian property prices continued to increase in December and into January and are now well above the previous peak in 2021 for both houses and units. While surprising, given the rapid interest rate increases, the growth reflects a combination of continued population growth and limited new housing supply. With supply … Read more

    Read Full Post

  • Ray White Now – November 2023

    Despite a lot more homes on the market compared to last year and interest rates a lot higher, house price growth is continuing across our capital cities. The capital city median is now getting closer to $1 million and is now significantly above the previous peak reached last year. Price … Read more

    Read Full Post