The Blog - First National Metro | Real Estate Agents in West End QLD 4101

Apr 9, 2019

Reserve Bank leaves interest rates on hold at 1.5%

The Reserve Bank board once again kept the cash rate unchanged at 1.5%. But a slowing economy means it’s likely the RBA will cut the cash rate this year, with a growing possibility of two 25 basis poi

Apr 2, 2019

Labors Plan to Axe Negative Gearing Expected to Impact Brisbane

A leading analysit warns the cost of renting in Brisbane could jump by more than 20% in just two years if federal Labor’s plan to axe negative gearing goes ahead. SQM Research modelling reveals the

Apr 2, 2019

National Consumer Sentiment and Foreign Demand

The consumer mindset is another factor working to dampen housing conditions. The consumer sentiment survey from Westpac and the Melbourne Institute has consistently highlighted a pessimistic view from

Apr 2, 2019

Mortgage Rates and an Uncertain Economy

Helping to offset the headwinds are mortgage rates which are still tracking around the lowest level since the 1960’s. Further cuts to the cash rate are looking like a growing possibility. However,

Apr 2, 2019

Supply Levels Place Buyer's in Strong Position

Supply levels are elevated in some areas, especially in the high unit sector, causing buyers to be firmly in the driver’s seat and in a good position to take advantage of the strong buying position.

Mar 26, 2019

Construction Playing a Part in Slower Conditions

While credit availability seems to be the key driver, there are other factors at play for recent slower conditions. According to CoreLogic, the supply levels are elevated in some areas, especially

Mar 26, 2019

Royal Commission Impacts Lending 'Norm'

Stricter lending standards are a logical outcome following the royal commission and we are likely in the early phases of a ‘new normal’ for mortgage lending where borrowers will face closer scrutiny a

Mar 26, 2019

Reduction in Investment Lending Softening the Market

Overall, the February housing market results marked a subtle improvement in the rate of decline. However, the housing market downturn is now more widespread geographically and we aren’t seeing any ind