Has the Property Market Turned?
It’s too early to call a change in the real estate market, but I’m going to stick my head out regardless because there seems to have been a small shift in sentiment.
Australian Housing Market
When you read articles about Australian housing affordability, it is often comparing the single average adult wage to house prices, from generations ago.
The articles generally say something like, ‘a house was worth three times the annual average wage back in the sixties and is now worth 10 times the average wage. This shows housing has become unaffordable.’
You can’t compare the two because back in the sixties it was one wage bidding on real estate.
REA Group [ASX:REA] Shares Rise on FY22 Results
REA Group [ASX:REA] climbed 5% in afternoon trade after releasing its FY22 results on Tuesday. Despite today’s rise, REA shares are down 20% year-to-date. Source: www.tradingview.com REA FY22 results This morning, the real estate advertiser released its full-year results for the year ended June 30, 2022, with revenue up 26% and core Australian revenue up […]
Has the Real Estate Market Bottomed? For Some Owners — Yes…
Evidence shows that those who monopolise the best locations, secure the difference between a healthy long life or an early death.
How the Big Developers Are Making Large Profits
Big developers supposedly in the business of making a profit from building homes are in fact making more money withholding their landbanks from sale.
When Fake Wealth Disappears
Jobs. And houses. Houses and jobs. Those are the two pillars of US middle class living standards. Jobs provide income. Houses are assets that can be readily sold. But it looks to us like the housing pillar is beginning to crack.
The Post-COVID CBD Office Sector — a Good or Bad Investment?
Geopolitical fractions, supply chain disruptions, rising cost pressures — as well as the Chief Medical Officer once again advising people to ‘work from home’ — has seen office vacancy rates increase in the second quarter of 2022.
