Rate cut vs corona virus on House prices

This week RBA cut interest rate by another 25 basis points. This is to counter the falling business sentiments and falling cashflow in the market due to the coronavirus scare. Currently the housing market is going through a very challenging time and the cut in rate will help in encouraging people to buying a house in Australia. Follow home link https://www.verticalbricks.com.au/

Migration and housing in Australia

Annually around half a million people migrate on short term and long term visas. It contributes substantially on the population growth. Migration is impacted by events such as protests in Hong Kong and India. Recently we have seen a surge in migration enquiries from Hong Kong. Buying a house in Australia will be more expensive as demand increases. Follow home link https://www.verticalbricks.com.au/

Factors affecting housing market now?

There are two opposing factors that are weighing heavily in the housing sector. On the one hand buying a house in Australia is getting more affordable due to the fall in interest rates and on the other hand the current Corona virus crisis is adversely affecting the economy overall reducing the demand. The net effect remains to be seen. Follow our link https://www.verticalbricks.com.au/buying-house-in-australia

Buy a House in Australia interest rate decision by RBA

Are you thinking of buying a House in Australia, the best time to buy is now. The interest rates are low for some time and don’t think it will go down any further. The market is gently bouncing back and tries to enter the market before it gets too late. Be a smart investor and enter the market when the market is going up. Follow our site https://www.verticalbricks.com.au/blog/the-5-step-to-buying-a-house-in-australia/

Buying a house in Australia – the key steps

The first step is to know how much you can borrow (unless you are a cash buyer). Identify the suburb and shortlist the top 3 houses. Make offer on your property of choice. Once offer is accepted, get the property inspected by a professional. And finally settle and move in. Follow our site https://www.verticalbricks.com.au/home

Thinking of an investment property – act on it

Thinking of buying a house in Australia for investment purposes? Don’t wait, make sure you pick the right investment for yourself and then wait!! Many investors wait too long for the right time and often regret not investing earlier. Three steps to investing in property – identify action and wait. Follow our site https://www.verticalbricks.com.au/buying-house-in-australia