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Your Exclusive Buyers Agent – Specialising in Sydney’s Eastern Suburbs, Lower North Shore and Inner West
In an article for the website The Adviser, Nick Bendel talks about the precipitous decline in the number of First Home Buyers. In fact, AFG Brokers, a reputed firm in NSW reports that only 1.9% out of the total number of mortgage applicants in NSW in the month of November were First Home Buyers.
Dynamically changing demographics will drive the property market and these changes will only be a part of the wholesome change the world undergoes in another 10 years from now, says Michael Yardney for the website Property Update.
In an article for the website The Adviser, Nick Bendel talks about mortgage broker heads going ballistic over the proposed introduction of the new lending rules. The Reserve bank of Australia feels that the property boom in Sydney and Melbourne warrants a change in lending rules.
Pete Wargent, in his inimitable style, produces another thought-provoking piece for the website Property Update. In this article he talks about 4 housing trends which may establish themselves till 2020; few of them easy to soak in while a couple more peculiar than others.
In an article for the website Property Update, Cameron Kusher writes that in purely ‘nominal’ terms, home values have risen by 9.3% leading up to September 2014. In ‘real’, inflation-adjusted terms, this growth has been 6.8%. Inflation is quite an integral part of the discussion. Let us find out a little about this significant aspect.
An article on the website Your Investment Property sheds light on the recent spate of house price growth. The combined capital city values have risen by 1% on last count. The state-by-state trend though suggests something quite different.