{"id":17619,"date":"2019-03-23T12:49:34","date_gmt":"2019-03-22T23:49:34","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=17619"},"modified":"2019-03-23T12:49:34","modified_gmt":"2019-03-22T23:49:34","slug":"state-by-state-a-march-update-on-australias-property-markets","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/state-by-state-a-march-update-on-australias-property-markets\/","title":{"rendered":"State by state: A March update on Australia&#8217;s property markets"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO: Australian Property Markets<\/strong><\/p>\n<p>The media is having a field day with gloomy house price forecasts, aren\u2019t they?\u00a0But what are our property markets really up to?<\/p>\n<p>Well, it depends\u00a0on which market you\u2019re talking about, as some are performing much better than others.\u00a0It also depends if you\u2019re a buyer, a seller or a long-term investor.<\/p>\n<p>Yes, our property markets are in a decline with\u00a0Corelogic\u00a0reporting that\u00a0national dwelling values\u00a0fell for the 16th consecutive month in February 2019, but the rate of decline is easing.<\/p>\n<p>The current downturn is related to various factors, including:<\/p>\n<ul>\n<li>Decreased investor activity, with local investors having difficulty obtaining finance due to the bank\u2019s credit squeeze, at a time of higher supply of new and off-the-plan properties;<\/li>\n<li>Fewer overseas investors due to financial difficulties as a result of us having pulled the welcome mat out from under them with increases taxes and fees;<\/li>\n<li>Decreasing consumer confidence causing\u00a0home buyers to go on strike; and<\/li>\n<li>Uncertainty about the outcome of the upcoming federal election.<\/li>\n<\/ul>\n<p>READ MORE VIA <a href=\"https:\/\/www.smartcompany.com.au\/industries\/property\/march-update-property-markets\/\">SMART MONEY<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>https:\/\/www.instagram.com\/p\/Bu4j&#8211;5lD0X\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO: Australian Property Markets The media is having a<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/state-by-state-a-march-update-on-australias-property-markets\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":17335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098892,478101317,478098622,478098519,478104161,478098535,478104162,478098513,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-17619","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-corelogic","tag-federal-election","tag-home-buyers","tag-home-ownership","tag-house-price-forecasts","tag-house-prices","tag-overseas-investors","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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