The numbers that drive our future
Building student digs is a solution to housing pressures for neighbourhoods, according to Property Council.
The RBA's first rate cut since 2020 has buoyed consumers with the Westpac-Melbourne Institute consumer confidence survey posting a three-year high.
Median sale price for houses across Queensland rose a phenomenal 5.9 per cent to $810,000 during December quarter.
Promising housing data and a return to growth in real household incomes augur well for the Australian economy in 2025.
A return of international tourists and stay-at-home holidaymakers is driving demand for new hotel rooms.
Property market expected to continue its strong start to 2025 as rate cut spurs confidence.
Economists highlight positive numbers as the property market moves into March and the peak of the autumn selling season.
Slowing inflation helped convince the Reserve Bank to cut rates at its last meeting but uncertainty over tariffs was also a factor, the deputy governor says.
Headline inflation rate has held steady at 2.5 per cent in January, with the all-important underlying measure edging 0.1 percentage point higher.
Buyer sentiment is boosting auction numbers on the back of the first rate cut since 2020.
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