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Australian Home Values Up 0.3% in October; Annual Growth Eases Amid High Listings
The sales of the top 100 real estate companies in Silver October have turned the corner, with over 80% performance growth compared to the previous month.
①Affected by favorable policies and real estate developers' promotions, the sales of the top 100 real estate companies in October achieved a year-over-year positive growth for the first time this year. ②Among them, 83 real estate companies saw a month-on-month sales increase, with 33 more compared to September; 38 real estate companies experienced a year-on-year sales growth, with 22 more than in September.
Australian House Prices Rise 0.3% in October
Australian Manufacturing Activity Edges Up From Recessionary Lows
Deep Dive Into Australian Consumer Mood Might Be Telling
Rules for the normalization of existing house loan interest rates have arrived! Understand it in one article.
①Preliminary statistics show that as of October 28, 21 nationwide banks have completed batch adjustments, totaling 53.667 million transactions, reducing the outstanding housing loan interest rates by 25.2 trillion yuan. ②After this round of batch adjustments, the interest rates for existing housing loans have been reduced to 3.3%. If the gap between existing and new housing loan rates is greater than 30 basis points, it will drive a new round of reductions in existing housing loan rates.