Rising new home lending figures across Australia signal the strengthening conditions across real estate markets nationwide, which could present a wonderful opportunity for those interested in buying or selling Carnegie real estate in the near future.
Housing Industry Association economist Diwa Hopkins said the owner occupier segment of the market has seen impressive growth, with increases in activity recorded during the December and March quarters – which continued to rise during the June 2014 quarter.
"Over the full 2013/14 fiscal year new home lending increased by 12 per cent. With lending rates remaining very low, turnover in the established home market has risen, as have home prices. The
residential construction industry has responded strongly to these signals," said Ms Hopkins in an 8 August statement.
These market movements could prove to be a great source of property potential for anyone interested in moving into the real estate market, either as a potential occupier or an investor looking to expand their portfolio.
Regardless of your motivations, getting in touch with Matt Hurlston at Ray White Carnegie today to discuss your plans and sort through potential property options in the region.
Article Source : Nerida Conisbee – Chief Economist Australian housing enters 2026 with momentum but uncertainty. Double-digit growth likely to slow toward mid-year as rate relief remains unlikely in first half. Affordable segment, lifestyle markets and regional areas set to outperform through 2026. The Australian housing market heads into 2026 … Read more
Older homes have a charm and character that modern builds often can’t replicate, but when summer arrives, they can present unique challenges. From heat retention to ageing fixtures, preparing an older home for the warmer months requires a thoughtful and practical approach. With the right maintenance and upgrades, you can … Read more