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Property News for 5 December 2018
Mortgage applications rise 2%, but buyers seem unimpressed by lower rates
CNBC - 5 Dec 2018 14:00
While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer.
Impact of slower GDP growth on Australian politics
CNBC - 5 Dec 2018 02:44
Andrew Ticehurst of Nomura Australia says slower GDP growth in the country makes the political environment "more difficult" and "challenging."
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