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Month: October 2020

New Home Lending Up:

By John Posted in General On

New ABS Lending Indicators data released today shows new home lending rose in August, despite the fact that Melbourne, the country’s second largest property market is in lockdown. The value of new home lending increased by 12.6% in August, following an 8.8% rise in July based on seasonally adjusted figures. This has been the largest […]

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Why BLUE-CHIP property values will rebound in 2021.

By John Posted in News On

In May, the CBA released its bearish ‘worst case’ forecast for the property market. It predicted a 32% drop in prices! At the time I thought that was rubbish and prices would not fall by more than 10%. To date, according to various data sources, property values have not slipped by much more than 2% […]

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