As WA experiences another housing shortage cycle, it's easy to compare the 2023 construction boom to the 2009 mining boom. However, Cygnet West researchers expect a slightly delayed recovery.
Cygnet West is proud to announce its support of PropTech WA with a three-year sponsorship, promoting innovation within Western Australia.
Cygnet West is proud to have been recognised as a real estate industry leader, with a number of nominations in Property, Innovation and Management.
Demand for industrial land sales peaked in 2023 across Perth metropolitan, seeing unsurpassed activity in 'off-the-plan' sales. Cygnet West land sales led to a market share of 50% in the sector.
The RBA announced it was raising the cash rate to 4.35%. Cygnet West researchers discuss the average interest rates during periods of inflation and what is required to reduce the CPI.
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Rental Freeze Caps: Balancing Relief and Long-Term Impact for Affordable Housing in Australia
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Perth's housing shortage can be eased by utilising spare bedrooms, accommodating more people without new constructions. Policy reforms are essential to address housing challenges effectively.