The Property Council of Australia recently announced that record levels of construction across the country are expected to continue throughout the 2016 financial year.
While the expectations of economic expansion over the past year have not quite been met by reality, there is still growth happening in financial markets and real estate in Australia.
Other than its beaches, Queensland is a state that's generally known for its mineral-rich natural environment. However, recent research has shown it's the construction and property industries that are making a name for this sunny Australian state.
Strong Economy in Western Australia Signals Investment Opportunity
A new report from CommSec has found that Western Australia is currently the country's best-performing state, which signals a strong area for commercial and residential real estate investors.
Parramatta's already strong economy is set to improve over the years, after a new master plan was announced to revitalise the city and turn it into a more attractive place to live and work.
$25m Manufacturing Upgrade Great News for Melbourne Economy
A massive upgrade of a dairy manufacturing plant in East Melbourne may provide a positive injection to the economy and boost the demand for real estate in Melbourne.
The Reserve Bank of Australia (RBA) cut the official cash rate yesterday (August 6) by 25 basis points in its second move to ease interest rates this year.
APM: Capital City Median House Prices Hitting Record Levels
The most recent round up of capital city housing prices by Australian Property Monitors (APM) reveals that the June quarter saw the third consecutive period of quarterly growth for a resurgent national real estate market.
REIA, HIA Call on Reserve Bank to Deliver Cash Rate Cut in August
As we approach the end of the month, keen property buyers, sellers and investors may be wondering what changes, if any, are around the corner for home loan rates.
