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Canberra
Tuesday, November 26, 2024
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Latest news: Weekly market wrap

Demand outstripping supply: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Demand outstripping supply in the capital. Canberra is positioned for a critical shortage of housing as the number of properties listed for sale plummets.

2021 looks ‘incredible’ for property owners: Weekly market wrap with Sam Dodimead

Local Newstime Media -
The population of Canberra has done a tremendous job maintaining negligible infection rates of COVID-19. This has allowed most residents to enjoy living in a relatively normal state with residential property owners,...

Strong auction results: Weekly market wrap with Sam Dodimead

Local Newstime Media -
On Saturday 12 December, Domain reported Canberra recorded a preliminary auction clearance rate of 89%.

Residential property on track to deliver exceptional returns: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Values of units increased by 2.5% and houses 3.5%. These rates show residential property in Canberra is on track to deliver exceptional returns to owners.

HomeBuilder scheme extended: Weekly market wrap with Sam Dodimead

Local Newstime Media -
The Federal Government has announced an extension of the of HomeBuilder scheme for a further three months to 31 March 2021.

Auction clearance rate down: Weekly market wrap with Sam Dodimead

Local Newstime Media -
In a sign our property market is not invincible, Domain reported Canberra recorded a 73% preliminary auction clearance rate.

Buyers pay the price: Weekly market wrap with Sam Dodimead

Local Newstime Media -
As demand increases, buyers pay the price for delayed decisions. During October, Canberra experienced an 8.4% increase in new listings.

New development: Weekly market wrap with Sam Dodimead

Local Newstime Media -
New development tends to evoke strong responses from the community, some people either do not want to participate in change.

Canberra’s property market turns up the heat: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Canberra's property market conditions are exceptional for prospective vendors, however, are proving challenging for buyers.

Window closing for HomeBuilder grants: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Time is rapidly evaporating for those looking to secure their $25,000 HomeBuilder Grant and the window of opportunity is closing faster than you may think.

Some buyers struggle with current conditions: Weekly market wrap with Sam Dodimead

Local Newstime Media -
People who have ever looked for a property to lease or buy may remember the honeymoon phase filled with hope of initially finding the perfect one.

Window closing to sell in 2020: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Auction results are showing the increased listing volume during the last several weeks has failed to impact on buyer demand.

Buyers aware of increased competition: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Domain reported an 84% preliminary auction clearance rate for 3 October, indicating there is no relief in sight for those seeking established properties.

ACT market momentum: Weekly market wrap with Sam Dodimead

Local Newstime Media -
The Federal Government has announced scrapping responsible lending laws allowing lenders to simplify approval processes.

Interest grows for investing in Canberra: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Low interest rates and strong local economy have led to an increase in the number of people considering investing in properties in Canberra.

The deal with developments: Weekly market wrap with Sam Dodimead

Local Newstime Media -
An interesting part of property development is seeing community responses to development applications.
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