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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. ....

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'Great Australian dream' of owning a home lives on amid COVID - Smart Property Investment


‘Great Australian dream’ of owning a home lives on amid COVID
By Bianca Dabu
16 February 2021
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1 minute read
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Most Australian investors and home buyers were largely undeterred by the events of 2020, remaining eager to push through with their investment plans, a new survey has found.
Despite having to face the impacts of COVID-19, a majority of Australians remain in pursuit of their dream to own a home, according to the 2021 Buyer Barometer Survey by the Real Estate Buyers Agents Association of Australia (REBAA) and Property Talk Australia (PTA).
Of the 745 home buyers and investors from across the country who participated in the survey, only 15 per cent said that they put their search on hold in response to COVID-19, while 9 per cent changed their buying criteria. ....

Bianca Dabu , Chris Dimitropoulos , Buyer Barometer , Real Estate Buyers Agents Association Of Australia , Barometer Survey , Real Estate Buyers Agents Association , Property Talk Australia , Cate Bakos , Great Australian , Co Vid , பியான்கா டப்பு , வாங்குபவர் காற்றழுத்தமானி , காற்றழுத்தமானி கணக்கெடுப்பு , ப்ராபர்டீ பேச்சு ஆஸ்திரேலியா , காடே பாகோஸ் , நன்று ஆஸ்திரேலிய , இணை வித் ,