Record-breaking low interest rate and governmental drive measure are driving estate market, yesterday (on Feburary 2) Australian reserve bank announces the history low interest rate is preserved in longer inside period of time, and the bond of 100 billion is bought outside norm definitely.
1, inflation stimulates room cityBay couplet store the board of directors is in Zhou Er's year first interest rate of conference admiral cash and interest rate of other and main policy are maintained in 0.1 ％ . Bay store travel president Philip Lowe expresses, australian economy anabiosises in undertaking, the ambitious interest that and compare expects before this. The board of directors still is bought outside norm definitely 100 billion bay yuan bond.
Mr.Lowe expresses, announcing Australia couplet store will increase buy governmental bond while, the board of directors still devotes oneself to to carry the monetary state that supports highly, till implementation its target. Current monetary policy environment will continue to passReduce the financing cost of borrower, Lower exchange rate, the credit that support restores to need and supportive family and company balance sheet will help economy. The decision that enlarges bond to buy a plan will ensure continue to provide support of this kind of money. The decision that enlarges bond to buy a plan will ensure continue to provide support of this kind of money..
Realestate.com.au economy considers to be in charge of Cameron Kusher to express, record-breaking low leasehold cost is the main factor that during bringing about craze of coronal shape virus, the price and sales volume add. Mr Kusher points out, still other factor is propping up the actual strength of the market, include tall family savings ratio, cannot spend Qian Jin to go abroad journey and all sorts of cities and federally stimulation and supportive measure.
The allowance of record-breaking low interest rate and similar government drives house price and prices to rise, australia couplet store the board of directors expresses, unless actual inflation rate can be maintained continuously,be in the target range of its 2-3 ％ , otherwise at least 3 years in won't raise cash interest rate. The money of these inflation, willFlow to room city considerably.
2, will sales volume have many driving?Kusher predicts house price will accelerate growth 2021. This had been in the expression on the market came out in January, the christmas of residential property market / New Year is compared normally quiet, but the market activity this year is gotten early much, inchoate sale is driving.
In before 4 weeks 2021, hang out his shingle on Realestate.com.au sell already changed compare for the estate amount that sell the corresponding period is high 2020 28.2 ％ !
COVID gets very big control, leasehold cost achieved historical record low, predict estate sale will obtain a bumper harvest first half of the year. Although predict the sale is driving, but this also depends on of course the building stock that appear on the market.
3, the time that makes up for wasteThe data of new ABS loan index that this week releases achieves the history again new tall, amount of bridal chamber loan is successive in December the 7th month grows. Go up achieve breathtaking 8.6 ％ , achieve 26 billion bay yuan, with photograph of the corresponding period was compared last year grew 31.2 ％ .
Just about new house is leasehold levelled road, a month increased 17.1 ％ , since rolling out HomeBuilder grant-in-aid in June 2020, this one word achieved breathtaking 122.4 ％ .
The person that buy a house first is very active also, the loan commitment amount December grew 9.3 ％ , 56.6 ％ grew in 12 the middle of a month in the past.
The apparitor Steve Mickenbecker of Canstar group expresses, ABS data is shown right " room city foreground is hopeful " poll actively, show house price rises to won't put delay temporarily.
He says: "The time of building loan reimbursement pauses, jobKeeper will appear in March adverse element, but the impetus with estate current market makes any put delay or be being amended is brief it seems that. But the impetus with estate current market makes any put delay or be being amended is brief it seems that..
Mr.Mickenbecker says: "The supply of for sale property still is restricted, to January 2020, of certain metropolis city hang out one's shingle the volume dropped 30 ％ , before can encourage more to sell the home to enter the market, we will continue to see rise in price. Below record-breaking low interest rate and the encouragement with liberal government, the person that buy a house first and investor continue to swarm into the market. The person that buy a house first and investor continue to swarm into the market..
