Tag: Brisbane

First time home loans surge to 7-year high

September 13, 2019 MPM Property No Comments

First time home loans have surged to a seven year high as latest figures show a major rise across all borrower segments post rate cuts. Latest Australian Bureau of Statistics data out Monday showed a 5.1 per cent bounce in home lending, led by 5.3 per cent rise in owner occupiers, with first time buyers.

QBE Housing Outlook: Australia’s property market recovering, Brisbane set for success

September 13, 2019 MPM Property No Comments

Australia’s property market is expected to take flight again, with growth on the horizon for every major city. The QBE Australian Housing Outlook suggests property price gains have been spurred on by relaxed lending conditions and the interest rate cuts. Sydney and Melbourne are set to slowly recover from their dramatic downturns, with a 5.