As we move through the eye of the coronavirus storm, two key events will be turning points for markets. The first is when the rate of increase in the number of new infections and deaths in larger economies starts to noticeably decline, signalling that containment strategies are doing their job.
While circumstances change and these times are unique, the market will bounce back; always has, always will – the only question is timing.
This too shall pass: are they just comforting words referencing the cyclical nature of markets and history, or a wishful sentiment in a new age of raging fear and financial gloom?
Uncertainty over the effect of coronavirus may have sent stocks plunging to 30-year lows but property values are unlikely to get a similar hit – even in a recession, real estate analysts claim.
Auction clearance rates are poised to fall as more buyers delay their purchase and shun public gatherings for fear of contracting the fast-spreading coronavirus.
Source: REIWA.com March 4, 2020 Perth’s median rent increased to $360 per week in February and is the first increase the Western Australian property market has seen since January 2017. REIWA President Damian Collins said median rents had remained stable for the longest period since reiwa.com first started capturing rental data in 2001. […]
The sun is still below the horizon and the temperature barely above freezing when Jesse Itzler gears up to ascend a black diamond ski slope. “We’re going into the clouds!” he exclaims, eyeing the snow-covered summit of Vermont’s Stratton Mountain, which is ominously concealed by dense fog.
Property investors believe Perth has the strongest potential for growth of any capital city in Australia during the next three years, according to a new national survey.
PERTH’S property market is starting to show signs of improvement, and nowhere more so than these 10 suburbs. Here’s REIWA’s list of Perth’s top 10 suburbs for median house price growth in the 12 months to December 2019, filtered for suburbs with more than 28 properties sold.
More than half of Australians over the age of 55 are open to downsizing, according to a new report based on a survey of 2,400 households.
Australia’s property revival is spreading across the country with prices now rising in every major city.