A SUMMARY FROM THE INSTITUTE’S LATEST ECONOMIC AND HOUSING MARKET UPDATE Economy Expectations are that the RBA Board will let a cash rate that has nearly halved over the last two years and a falling dollar that is down 15 per cent against the USD work their way through the economy, with the possibility of […]
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PROPERTY IS BACK IN THE FRONT PAGES IN PERTH AND THE MEDIA ATTENTION WILL ONLY INCREASE AS WE HEAD INTO A SUMMER THAT IS EXPECTED TO BE THE SUNNIEST FOR THE PROPERTY DEVELOPMENT SECTOR SINCE 2005/06. Although land development and residential construction activity is unambiguously strong, the state’s economy is undoubtedly not running as hot […]
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RECENT ABS BUILDING APPROVALS DATA PROVIDED SOME INTERESTING INSIGHTS INTO THE RESIDENTIAL MARKET IN WESTERN AUSTRALIA WHICH HAS SEEN PRIVATE SECTOR HOUSING RISING (IN TREND TERMS) FOR THE LAST 24 MONTHS. It has certainly been a big couple of years for the industry which saw the largest number of developer lots sold since UDIA started […]
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