While hot property markets are generally seen as a driver of listings, the reality is that there is a point that it can get too hot. Most buyers are subsequent sellers so when markets get too hot, there does tend to be a sense of nervousness amongst sellers that it is difficult to get back into the market.
The good news is that stock levels are up, and not just compared to last year but also compared to the previous year (pre-COVID). In fact, for listings, this is the strongest start to winter we have ever recorded.
While nationally this is the case, the gap between previous years varies across each state. Victoria, hit by rolling lockdowns, is only slightly above 2019 listings levels. This is likely to be the state that sees the biggest pick up in coming months.
There’s much to contemplate when it comes to finding the right artwork for your space – from lighting and scale, to the wall space you’re working with (or around). Then there’s the art itself: What do you love? What will you still love in 10 years? How do you know when … Read more
Australia’s housing construction costs have cooled from pandemic peaks but modular construction offers 10-20 per cent cost savings and 50 per cent faster build times to address affordability. Last week, the Reserve Bank kept interest rates on hold, in part due to ongoing concern about the cost of housing construction. … Read more