A SUMMARY FROM THE INSTITUTE’S LATEST ECONOMIC AND HOUSING MARKET UPDATE Economy Expectations are that the RBA Board will let a cash rate that has nearly halved over the last two years and a falling dollar that is down 15 per cent against the USD work their way through the economy, with the possibility of […]
Read more
The West Australian Land sales are still booming in Perth as West Australians race to snap up lots and build new homes despite the winding up of State and Federal government stimulus measures. There were 1927 new lots sold in the March quarter of 2021, compared with 1466 in the March quarter 2020, according to […]
Read more
IT IS WIDELY REPORTED THAT LAND VALUES SHOT UP DRAMATICALLY LAST DECADE, BUT SO DID THE VALUE OF HOMES BUYERS WERE BUILDING; AND JUST LIKE LAND PRICES, NEW HOMES PRICES HAVE NOT INCREASED FOR FIVE YEARS. The price of land was often cited as the main reason for new home prices shooting up dramatically between […]
Read more