Affordability challenges in coastal and country towns where home values have grown significantly in recent years are one factor slowing price growth today says John McGrath, McGrath Estate Agents CEO.
Investors are back in full force in the property market, with the latest lending data showing 37.1% of new home loans by value went to investors in May. That’s the highest percentage in seven years. One factor encouraging investors back into property is good buying opportunities across the lower price brackets.…