Investor lending, rising rents signal fresh housing market upswing
Australia’s housing market is back on the upswing, powered by investors and underpinned by supportive policy settings.
Sydney rents are reaccelerating, especially in the apartment market. (Image source: Pic Media Aus/Shutterstock.com + Griffin Group)
Australia’s housing market is showing renewed momentum as investor lending accelerates, rents pick up, and the Reserve Bank openly acknowledges it expects property prices to climb further.
New figures from the Australian Bureau of Statistics (ABS) reveal a sharp rise in loans to property investors during the June quarter, while separate data from property analytics firm Cotality shows annual rental growth has re-accelerated for the first time in…
