Melbourne

Consumer Confidence in Australia Declines Amidst Economic Uncertainty

7 days ago

Recent data indicates a worrying trend in consumer sentiment across Australia, which has dipped for the second consecutive month amid growing concerns about the nation's economic outlook. According to the latest survey conducted by Westpac and the Melbourne Institute, Australia's consumer sentiment index faced a significant drop of 3.4% in December, following a 1.1% decrease in November. This decline reflects a general sense of uncertainty among consumers regarding their financial future and broader economic conditions.

Forecasting the Future: Sydney and Melbourne Housing Market Trends for 2025

18 days ago

As Australia approaches the year 2025, profound insights into the housing markets of its two largest cities, Sydney and Melbourne, are becoming increasingly relevant. Recent discussions shed light on what prospective homeowners and investors can expect from the real estate landscape in these metropolitan areas. With fluctuating prices and changing demand, understanding these trends is essential.

Australia's Home Price Growth Holds Steady at Elevated Level

3 months ago

Into the Australian housing market, home prices there continue to see healthy growth, according to the most recent data released by CoreLogic Inc., steady at elevated levels. Surprisingly, the resilient housing market continues to hold onto an upward trajectory in growth through September 2024.