WESTERN AUSTRALIAN HOME LOAN APPROVALS ROSE IN MAY, WITH LOANS FOR NEW DWELLINGS REACHING 19 YEAR HIGHS The number of loans for homes purchased by owner-occupiers rose 4.0 per cent in seasonally adjusted terms compared to April, according to figures published by the Bureau of Statistics today. Loans for the purchase and construction of new dwellings […]
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FIRST HOME BUYERS TEND TO BE USED BY MANY AS A BAROMETER FOR THE PROPERTY MARKET; HOW MANY AND HOW MUCH THEY ARE PAYING HAS BEEN THE TOPIC OF MEDIA INTEREST FOR A LONG TIME. ONE OF THE USEFUL SOURCES OF INFORMATION IS TREASURY’S ANALYSIS OF THE FIRST HOME OWNER GRANT (FHOG) WHICH WE HAVE […]
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From the CEO The alarm bells are ringing increasingly louder amongst our industry. Worker shortages & supply chain impacts have been an issue for some months but are now resulting in projects being significantly delayed or shelved. Combined with a rental vacancy rate in Perth of 0.7% and only 6,500 established properties on the market, […]
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