House Prices up 1% in June – did you Notice?

No, neither did I but it was a big headline in the last couple of days after a release from RP-Data Rismark.

What is likely to happen over coming years however is that price growth for houses and units slows from that of the past 10-15 years. Rather than borrowing more to buy or build a bigger house, there is a much higher rate of saving and debt reduction. The GFC has made us more conservative with our spending.

For a great insight into what is happening in the world of property – both commercial and residential, check out this report from Herron Todd White. It covers Australia with analysis of capital cities and regions with a detailed look at rental market, supply, prices, vacancies and much more.

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