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News & Event
Juwai IQI: Budget 2023 benefits first-time homebuyers, supports affordable housing
In light of Budget 2023 that was re-tabled this past February, first-time home buyers are expected to benefit as stamp duty exemptions and assistance for gig economy workers to obtain mortgages greatly increases their purchasing power. Juwai IQI co-founder and CEO Kashif Ansari expresses optimism towards the egalitarian approach to the budgetary measures in terms…
13/03/20231KViews0Likes0CommentsShare Post
Australia News & Event
Australia’s tenth consecutive rate rise brings official cash rate to 3.6%
The Reserve Bank of Australia (RBA) has announced the tenth consecutive rate rise since May 2022. The Reserve Bank has seen the cash rate target increase by 25 basis points to 3.60%. In a statement, RBA Governor Phillip Lowe said he expects inflation to be above target rates for “some time”. “Global inflation remains very high. In headline…
08/03/20231KViews0Likes0CommentsShare Post
Market Insights
Foreign Buyers Scurries on Homes In UK as Pound Continues To Struggle
The British pound's weakening trend has spurred inquiries among foreign buyers for prime properties in the United Kingdom, with experts saying the favorable exchange rate presents opportunities for investors from the United States and China. According to Savills data, overseas activity is primarily focused on new homes priced above 2 million pounds ($2.31 million), with inquiries…
08/11/20221KViews0Likes0CommentsShare Post
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