On Tuesday, the Reserve Bank of Australia announced that it is keeping the official cash rate on hold. At its monthly Board meeting, the RBA decided it was appropriate to keep the cash rate at 2.50 per cent. The next meeting of the RBA Board will be held on August 5, 2014.
Herron Todd White’s summary on the Melbourne residential market. – The overall Melbourne residential market has steadily increased over the first half of 2014. – Auction numbers have been high with nearly 3,000 auctions held in April 2014, higher than the historic ten year average of 2,510 for April, while March was a record- breaking […]
Commentary On Melbourne Property Market Feb 2014 – Now that the federal election is behind us and mixed views loom on the up or down movement of current historically low interest rates, the expectation overall is that there will be moderate growth across the inner and outer suburbs of Melbourne. – The later months […]
HTW Commentary On Melbourne Property May 2014 – With interest rates at record lows and property prices in many regions beginning to increase, now may be the perfect time for first home buyers to enter the market. – Suburbs such as Werribee, Deer Park and Cranbourne are fast becoming a mecca for first home […]
“2013 – The year that was” is the Theme of this month’s HTW Month in Review – Opinion on the Melbourne residential market begins at page 30. Here are some highlights: – The Melbourne property market has experienced overall steady growth throughout the year. – Melbourne continues to recover and has reached a new […]
