FHBA Market Update: 06/03/2017 COULD the first weekend of Autumn 2017 prove symbolic for aspiring first home buyers? Firstly, the most property markets were softer than the previous hot week, in terms of reported numbers at auctions and open houses,…
FHBA Weekend Preview: 4- 5 March 2017 WELCOME to the first FHBA Weekend Preview for Autumn 2017. As we reported in our weekly FHBA Market Update earlier this week, most property markets around the country performed strongly in February, with investor activity continuing to…
FHBA Market Update: 28/02/2017 IT was dubbed ‘Super-Super Saturday’. The last weekend for summer 2016-2017 saw a massive 3,232 auctions held, the most ever recorded for the month of February. We had hoped last Friday in our FHBA Weekend Preview that the increased amount…
FHBA Weekend Preview: 25 – 26 February 2017 It’s been a very hot summer. The weather and the property market. And the last weekend for summer 2016-17 is going to be a busy one for the property market. According to CoreLogic RP Data there are…
IF Auction clearance rates are anything to go by it was another strong summer weekend for most capital city property markets. With CoreLogic data showing 2017 auction clearance rates at strong levels, with high prices also being achieved according to…
FHBA Weekend Preview: 18 – 19 February 2017 With most property markets starting the year strong (see this week’s FHBA Market Update) there will be a jump in the number of actions held this weekend according to CoreLogic RP Data: 2,136 registered auctions,…
According to some weather reports, NSW was the hottest place on earth on the weekend, with Sydney suburb Penrith setting an all time record temperature for the suburb on auction Saturday with temps hitting 46.9. But it wasn’t just Sydney’s…
First Home Buyers Australia (FHBA) was last week approached by political party Sustainable Australia to discuss housing affordability concerns. Sustainable Australia, like FHBA, is concerned about housing affordability and it’s effect on society, in particular aspiring first home buyers. Sustainable…
FHBA Weekend Preview: 11 – 12 February 2017 Parts of Sydney are forecast to reach 45 degrees Celsius on Saturday. However even the weather won’t hurt Sydney’s property market with 597 auctions scheduled, the most out of any capital city this weekend. Open…
Earlier this afternoon the Reserve Bank of Australia (RBA) board decided to leave the cash rate on hold, at a record low of just 1.50%. It was the last RBA’s first board meeting for the year. The RBA noted: That other developed economies…