18/06/2026
One of the few major city markets to remain in growth for May, however the trend is certainly moderating from what was previously a very bullish sellers market. The recent Federal budget property law tax changes have most certainly lead to a retraction from investors, whilst the State Gvt simultaneously pulled back on its 1st home buyer incentives. The good news is that hesitation markets seldom linger and the Reserve bank held steady yesterday!! π