PROPERTY

Latest report shows a 1.2% rise in national dwelling values, delivering the fourth straight month of rising values. 

The NAB Commercial Property Index fell 4 points to +3 in Q3 2019, in line with its long-term average (+3).

NAB Residential Property Index moves back into positive territory for first time since mid-2018.

More Australians will be able to access affordable housing following a $2 billion commitment from NAB which will see more homes being built across the nation.

Housing market made further progress towards a recovery in September, recording the third consecutive month of gains.

The Australian economy grew by 1.4% over the year to the June 2019, its weakest growth since 2009.

RBA to cut in October and again in December, taking the cash rate to 0.5% by year’s end.

Recovery in housing values accelerated in August.

Have dwelling values finally found a floor in July?