Search Results for: Paul Ryan
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INDUSTRY NEWS
Rental vacancy rates show slight improvement nationally
Rental vacancy rates eases slightly across the nation in April, with Darwin the only capital city to see a drop in vacancy rates.
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INDUSTRY NEWS
Rents surge in longest ever stretch of price growth
Tenants continue to face extreme financial pressure, with rents rising at the fastest rate since before the pandemic.
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EPM: Industry News
City vacancy rate drops below regional areas
The national vacancy rate has fallen to just 1.47 per cent, less than half the level seen before the pandemic, according to the latest PropTrack figures.
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INDUSTRY NEWS
APRA chooses not to loosen borrowing restrictions
The Australian Prudential Regulation Authority has declined to loosen its current serviceability buffer for new home loans despite from the banks to do so.
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Does selling off-market come at a cost?
Choosing to sell your property off-market could be costing you as much as $60,000 according to a new report.
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National
Property price falls moderate as spring activity increases
Property prices across the country were widespread in September, but the pace of falls moderated significantly, with the national median value of a home in Australia now at $752,000.
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INDUSTRY NEWS
Regional reversal taking place as people move back to the cities
After a record few years for regional property prices, values have started to decline as regional migration begins to stall.
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INDUSTRY NEWS
Rising rates putting pressure on home prices
Brisbane property prices have fallen for the first time since April 2020, with rising interest rates dampening buyers' enthusiasm for purchasing.
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INDUSTRY NEWS
The number of homes cheaper to buy than rent has plummeted this year
Record home price increases combined with rising interest rates have made more homes cheaper to rent than buy.
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INDUSTRY NEWS
Growth across capital cities slowing at
record paceThe annual rate of price growth across Australia's capital cities is slowing at the fastest rate since 1989.
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INDUSTRY NEWS
Home prices fell in May as interest rates rose
Home prices across the country fell for the first time since the start of the pandemic just as homeowners saw the first RBA rate rise in over a decade.
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INDUSTRY NEWS
Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come.
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INDUSTRY NEWS
Home prices stalled in April as rate hikes loom
Property prices stalled nationally last month with values seeing their smallest increase since May 2020 and the onset of the pandemic, according to new data.
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INDUSTRY NEWS
Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent as they eye the likelihood of increased inflation over the coming months.
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INDUSTRY NEWS
Australia’s house price growth continues to slow
Australian house prices have grown by 0.34 per cent in March, the slowest since March 2020 according to new data.
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NEWS
Inflation came sooner than expected, but RBA keeps rates on hold
Inflation has picked up faster than the Reserve Bank of Australia expected, but the board still elected to keep interest rates on hold at a historic low of 0.1 per cent today. At the bank’s first meeting of the year, the board did elect to stop further bond buying, with its final purchases to be made on 10 February. In…
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Insights
Selling off market: new research shows whether it’s worth it
Vendors who choose to roll the dice with their properties by selling off-market are losing out, according to new data. A new report from PropTrack comparing sale prices for houses sold off-market with those listed on realestate.com.au, found on average they sell for 2.6 per cent less. Paul Ryan, PropTrack Economist and report author said consumers chose to sell properties…
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INDUSTRY NEWS
House prices grow at third fastest rate in Australia’s history
PropTrack analysis of house price growth in Australia from 1880 to now has found that house prices are growing at the third fastest rate in Australia’s history on the back of strong property market conditions.
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INDUSTRY NEWS
RBA’s cash rate hold of 0.1 per cent will motivate Australians to look into refinancing
Mortgage Choice and Smartline CEO Susan Mitchell said the Reserve Bank of Australia's (RBA) decision to keep the nation's official cash rate on hold at 0.1 per cent will continue the increasing trend of refinancing.
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INDUSTRY NEWS
The top regional Queensland suburbs for investment opportunities
Queensland boasts a huge array of regional locations that draw in house hunters from around the country, from hinterland towns to beachfront living.
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APPOINTMENTS
REA Group welcomes Eleanor Creagh as new senior economist
REA Group has announced the appointment of Eleanor Creagh as a senior economist. As a trusted financial commentator, Ms Creagh is set to bring a wealth of experience in local and international capital markets to the senior economist role. Working alongside REA Group’s Director of Economic Research, Cameron Kusher, Ms Creagh will play a fundamental role in driving forward the…
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NEWS
Half of Australian homes will be cheaper to buy than rent over the next decade
A new report by REA Group has revealed more than half of homes will be cheaper to buy than rent over the next decade, based on current prices.
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INDUSTRY NEWS
REA Group announces all the AREAs winners
Winners in the Annual REA Excellence Awards (AREAs) have been announced with Ouwens Casserly Real Estate taking out the coveted Residential Agency of the Year Award.
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Celebrity Homes
Macaulay Culkin buys Kiefer Sutherland’s Toluca Lake estate
Home Alone star Macaulay Culkin and his fiance Brenda Song have been named as the mystery buyers of Kiefer Sutherland’s Toluca Lake estate.
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WEIRD AND WONDERFUL
Top 10 classic Hollywood real estate agents
With the rise of TV shows like Million Dollar Listing, real estate agents are now being thrust into the limelight in leading roles.
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NEWS
Brisbane’s Matt Lancashire named Queensland’s highest selling agent
A combination of property and real estate IQ, effective processes, and a solid focus on vendors is the secret to success for Matt Lancashire, who has topped a list of Queensland’s top selling real estate agents for 2021. The Ray White New Farm principal placed ahead of McGrath Paddington’s Alex Jordan, the Gold Coast’s Michael Kollosche, the Managing Director of Kollosche,…
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NEWS
First National recognises best in the west at WA 2020 GEM Awards
First National Real Estate’s Western Australia agents have been recognised for their achievements, with the network holding its WA 2020 General Excellence and Marketing Awards at Crown Perth on Friday night.
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FRANCHISE NEWS
First National Queensland recognises 2020 high achievers at annual awards
First National Real Estate’s Queensland's best and brightest were recognised for their achievements over the weekend, with the network holding its 2020 General Excellence and Marketing Awards at Brisbane’s Hilton Hotel on Saturday night.
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Elite Agent
Realestate.com.au honours the top residential and commercial real estate agents across Australia
Recognising industry excellence and best practice, 40+ Annual REA Excellence Awards (AREAs) have been announced across the categories of Innovation, Service, Marketing Excellence, and Community. With pandemic-era restrictions preventing the usual gala celebration, the winners have been celebrated in a unique way – with a mural designed by renowned Brisbane graffiti artist Sofles. The 17m x 16m artwork will be…
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NEWS
Don Ha and the growth of RE/MAX New Zealand in 2020
When the global RE/MAX brand expanded to four new countries in the first of half of 2020 and continued its reign as the real estate brand operating in more countries around the world than any of its competitors, it recognised its resilient global leaders who championed entrepreneurship, innovativeness and technology.…
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NEWS
WA GEM Awards winners announced
First National Real Estate’s Western Australia estate agents were presented with their General Excellence and Marketing Awards at Crown Perth on Friday night. The awards celebrated the outcomes achieved by the state’s agents throughout 2019, with top 10 individuals and offices now vying for National GEM Awards, which are announced in May. Agents reaching the national top 10 will be…
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Elite Agent
Ray White Victoria and Tasmania celebrates 2019 winners
More than 1,100 guests descended on the Melbourne Convention and Exhibition Centre for the annual Ray White Victoria and Tasmania state awards on Thursday August 22 to celebrate the top offices and individual achievers throughout the leading network. Ray White Victorian and Tasmanian CEO Stephen Dullens welcomed everyone and reminded them all that the leading…
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NEWS
Realmark rewards top performers at awards night
Friday the 16 August 2019 at The Westin Hotel Perth marked the 10th Annual Realmark Awards, celebrating Practice, Performance, People and Passion for the network highlighting the outstanding performance of individuals and offices over the last 12 months. This is a key event for the network with collegial peer recognition. The top awards of the…
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