Rodney McLoughlin Real Estate News
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Rodney Mcloughlin Real Estate
Rodney Mcloughlin Real Estate
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Akora Real Estate Rodney McLoughlin
Australian Home Prices Continue Upward Trend Despite the typically quiet winter period, Australian home prices have surged, driven by strong buyer demand and limited housing supply. According to PropTrack's latest Home Price Index, national home prices reached a new peak in July, increasing by 0.08%. This marks a 6.3% rise from a year ago and a 43% increase since the pandemic began in 2020. Regional...
Rodney McLoughlin Real Estate
Australia’s Housing Affordability Crisis Australia has recently been identified as the least affordable housing market among English-speaking countries. The annual Demographia study highlighted three Australian cities—Sydney, Melbourne, and Adelaide—as being among the top ten most unaffordable cities globally. Sydney was particularly notable, ranking as the second most unaffordable city for the...
Australia’s Multi-Speed Property Market The Australian property market is displaying significant regional variations, with dramatic differences in price changes across capital cities and regions over the past year. From May 2023 to May 2024, median home values have seen varied growth: Perth: +22% Brisbane: +16.3% Adelaide: +14.4% Sydney: +7.4% Darwin: +3.5% Canberra:...
Sydney Property Surge: Listings Soar in Key Suburbs Sydney’s property market is seeing a significant shift as the number of available homes has skyrocketed in certain suburbs. This surge in listings is expected to bring much-needed relief to home buyers, easing competition and slowing down the rapid price growth seen in recent years. Recent data shows that the number of new property listings in...