Property News Week Commencing 25/3

Let’s start off the week with a roundup. Here is a comprehensive update on all of the state markets across Australia:

State by State: a March Update on Australia’s Property Markets

Also this week, a few pieces of positive news, including better clearance rates:

Sydney auction market slightly up as inner-city properties sell above reserve

There's few signs the weakness in Australia's housing market is easing

Another piece demonstrating that there are still areas were demand and competition is strong:

Relieved house hunters beat strong competition at crowded auction in Sydney’s south

Despite some oversupply fears, a few articles have arisen this week which actually led us to consider the fact that an actual shortage may occur in the next couple of years

In other news:

Pressure to cut interest rates continues to build

Labor may force RBA to raise rates says McKibbin unveils rate cut for first-home buyer loans

Have a great week everyone!

Maria Andriopoulos