News
A strong jobs market and low unemployment is underpinning real estate, the latest data shows. The market share of first-home buyers is the highest it's been in six years, according to CommSec. Recovering Resources Centres Lead Surge In Regional Queensland Housing affordability has improved in most of the capital cities, helped by an increase in the supply of new homes. The market share of first-home buyers is now at its highest level in seven years, according to the latest loans data from the ABS. Australian property markets overall will remain solid thanks to strong employment, according to lender Bankwest. Adelaide is one of Australia’s most consistent markets. A solid economy and low unemployment are key factors minimising price decline in the biggest cities, while other markets are showing solid growth, says realestate.com.au. Average rents have grown in six of the eight capital cities, according to the latest Domain Rental Report. Six of the eight Australian capital cities showed solid rent growth in 2018.
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