Rate cuts may be imminent. What impact will they have on Perth house prices?

WA Today A shelved plan to determine what land around Perth could be developed and what remnant bushland should be protected must be restarted as a priority to avoid future housing affordability issues, Western Australia’s peak developer lobby has warned. Home building incentives, started as part of the COVID-19 economic recovery, from the state and […]

STOCK LEVELS HAVE DECLINED BY A THIRD, SALES ARE AT SIX-YEAR HIGHS; THIS WILL INEVITABLY PUT UPWARD PRESSURE ON PRICES. Six months ago, I mentioned that the fundamentals had shifted dramatically in favour of new dwellings and this would translate into further increases in land sales and eventually construction. Land sales in Perth subsequently increased […]

WA Business News Property industry bodies say it is local governments, not development assessment panels, which need to eliminate uncertainty in the planning process. Outdated planning policies have been blamed for flashpoints of frustration emerging in the state’s development approvals process, with developers calling for an overhaul of planning frameworks and approvals systems to eliminate […]