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Seven signs the housing market is going nuts

The crazy crowd for a recent auction in Bangalore Street, Kensington. Soaring house prices in almost every corner of the country, buyers overwhelmed with FOMO, not enough stock on the shelves and banks practically giving money away has lead to one of the speediest post-recession recoveries Australia has ever seen. Here are the seven signs that the boom is here and looks certain to stay for some time yet. Home values are rising at lightening speed This Gold Coast cottage earned a $340,000 profit in just six months. Picture: Supplied Spurred on by the perfect storm of record low mortgage rates, improving economic conditions, government handouts and low supply levels, Australia s housing market has seen values rise at the fastest rate in 17 years. CoreLogic is calling it a broadbased boom after crunching the numbers and declaring that dwelling values surged 2.1 per cent in February - the largest month-on-month change recorded since August 2003.

Seven signs the housing market is going nuts

Seven signs the housing market is going nuts
coffscoastadvocate.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coffscoastadvocate.com.au Daily Mail and Mail on Sunday newspapers.

Seven signs the housing market is going nuts

Seven signs the housing market is going nuts
tweeddailynews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tweeddailynews.com.au Daily Mail and Mail on Sunday newspapers.

NBN News | WOMAN WHO DROVE CAR OFF BAR BEACH CLIFF PLEADS GUILTY

A woman, who drove her car over a cliff at Bar Beach in Newcastle last year, has today pleaded guilty. The 48 year old plunged around 30-metres off the cliff in September last year, injuring a woman on the beach below and narrowly avoided hitting a baby. The woman was travelling at 90 km/h when . by Tyson Cottrill | NBN News-News, Sport & Weather

NBN News | WOMAN PLEADS GUILTY OVER BAR BEACH CLIFF CRASH

A woman who drove her car off a cliff in Newcastle, injuring a beachgoer, was "hearing voices in her head" moments before. Today the 48-year-old pleaded guilty over the incident at Bar Beach last September. by Tyson Cottrill | NBN News-News, Sport & Weather

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