Is now a good time to buy a house?

Currently there is a lot of media attention surrounding the residential property market, creating a lot of hype and with that, a lot of uncertainty. With proposed changes to the Residential Tenancies Act (the last time the act was reviewed was in 1997), banks tightening their lending criteria and forecasts surrounding interest rates, there’s certainly plenty to talk about. These factors combined have led to a steadying in the buying market, followed by further media conjecture around a “cooling market”. Continue reading Is now a good time to buy a house?