The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 26 September.
To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
Here are the biggest property stories of the week:
NAB says rates will not drop until May
The major bank has adjusted its cash rate forecast, suggesting there will be no more rate cuts this year, given new inflation data.
Home Guarantee changes will raise house prices: RBA
The central bank has stated that the expanded scheme will increase the borrowing capacity of first home buyers, but will likely lead to rising house prices.
More borrowers escape ‘mortgage prison’ as refi rates rise
Nearly all brokers have helped clients refinance and secure a discount on their loan, according to the MFAA.
Easing cash rate drives stronger mortgage demand
Lower interest rates are driving a rise in mortgage demand and refinancing activity.
Spring market boom: Educated sellers reaping rewards
With supply limited and demand surging nationwide, sellers are poised to capitalise on a competitive market, according to an industry expert.
From WA to Qld: Investor loans fuel market recovery
Across Australia, investor and owner-occupier loans remained below pre-COVID-19 levels, with larger loans rather than higher volumes driving the recovery, as Queensland captured the largest market share.
Property boom: Investors spark recovery nationwide
Nationwide, lending for investors and owner-occupiers has remained below pre-COVID-19 levels, with growth being driven by larger loans rather than volume, as Queensland leads the market.
Spring surge: Limited supply, maximum opportunity for agents and sellers
With spring demand booming nationwide and supply limited, agents are seeing strong returns, with experts noting that educating potential sellers is key to securing more listings.
[Related: Hot Property: The biggest property headlines from the week 15–19 September]
