Search Results for: china
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INDUSTRY NEWS
How a fake Rolex set Ryan Serhant on the path to success
Real estate mogul Ryan Serhant has revealed how a fake Rolex watch changed his life by giving him the confidence he needed to succeed in the competitive property industry.
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INDUSTRY NEWS
RBA lifts cash rate to 3.35pc at February board meeting
The Reserve Bank of Australia has lifted the official cash rate by 25 basis points following its first meeting of 2023, taking rates to their highest level since 2012 and flagging that further rises are likely in the months ahead.
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INDUSTRY NEWS
House price declines starting to slow
Capital city house prices are now down 6.1 per cent from their peak in March 2022.
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INDUSTRY NEWS
Renters feel the pinch as vacancy rates drop back to record lows
There’s still no relief in sight for renters with vacancy rates returning to record low levels across the country.
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INDUSTRY NEWS
Return of overseas students could place further pressure on rents
An anticipated increase in the number of overseas students coming to Australia following the Chinese Government's edict that students must return to face-to-face study could lead to rent rises of five per cent or more, one expert predicts.
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INDUSTRY NEWS
Foreign buyers look to Australia after Canada ban
Canada’s decision to shut the door on foreign buyers could prove a bonus for the Australian property market, according to experts.
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INDUSTRY NEWS
Simon Pressley’s 2023 property market predictions
House prices will rise between two and seven per cent in the majority of capital city and regional locations in 2023, a leading property analyst has predicted.
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NEWS
The top 50 residential real estate influencers and innovators for 2022
There is rarely a dull day in real estate. From mergers and acquisitions, pivoting in a changing market and continued acceleration of PropTech, 2022 has been a year for the record books.
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FRANCHISE NEWS
Craig Pontey and Michael Finger move to McGrath
High-profile Double Bay agents, Craig Pontey and Michael Finger have officially moved over to ASX-listed McGrath after 35 years with Ray White.
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NEWS
Reserve bank lifts interest rates 0.25 per cent
With inflation at its highest level in more than three decades, the Reserve Bank of Australia has announced its seventh consecutive rate rise of the year, bringing the current official cash rate to 2.85 per cent.
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COMMERCIAL
Australia continues to attract commercial real estate investment
After a record year in 2021, commercial transactions have slowed, however, Australia still remains an “attractive” market for international investors according to an expert.
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COMMERCIAL
Rising costs to see students look to student accommodation
Higher rents and rising living costs could see students turn back to specialist student accommodation according to an expert.
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INDUSTRY NEWS
The worst is yet to come on interest rates and the economy: Treasurer
Federal Treasurer Jim Chalmers has warned homeowners there will likely be more pain ahead as interest rate rises start to weigh on the economy.
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INDUSTRY NEWS
Andrew Cocks: Uncertain times require certainty from leaders
Business needs certainty. It enables sound evidence-based commercial decisions to be made along with the ability to plan ahead.
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National
Season 3 of Luxe Listings Sydney promises to be the biggest and best yet
When Monika Tu was invited to join the inaugural season of the hit Amazon Prime TV show Luxe Listings Sydney she initially said no.
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NEWS
Another rate hike to curb the highest inflation in three decades
The official cash rate is now 1.85 per cent after the Reserve Bank of Australia opted to raise interest rates a further 50 basis points at its monthly meeting today. The increase marks the fourth consecutive month of interest rate hikes as the RBA seeks to moderate inflation that is now the highest it has been since the early 1990s.…
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INDUSTRY NEWS
Chinese property buyers to return to Australia
Chinese property buyers are likely to head back to Australia sooner than expected as Australia emerges from COVID stronger than many other countries, according to an expert.
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INDUSTRY NEWS
Mining towns back in vogue as yields hit 10 per cent
The resurgence of mining towns is back as investors again look at the potential for high capital growth and high yields.
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OPINION
Tim Snell: Taming a ‘crashing market’ with a stoic mindset
First, the market booms and house prices are running away from us all. Next, prices are crashing and interest rates are going to cripple us all. The one thing we know for certain is that "this too shall pass" and whatever happens next in the market will no doubt have a new angle for concern.
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NEWS
RBA goes ‘hard’ with interest rate jump
Higher than expected inflation has seen the Reserve Bank of Australia lift the cash rate for the second consecutive month, with today’s 50 basis point increase taking the official interest rate to 0.85 per cent.
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FRANCHISE NEWS
Top Bayside agent Tracy Tian Belcher joins The Agency
High-profile agent Tracy Tian Belcher has joined The Agency as a property partner in the brand's Victoria team.
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FRANCHISE NEWS
RE/MAX continues its push into Upper North Shore market
RE/MAX Lead has opened in Roseville this week under ownership of experienced business owners Tom Leng and Carrie Chen.
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APPOINTMENTS
X Commercial secures industry expert Darron Levin
X Commercial has secured a key signing for its agency and launched a new subdivision called X Commercial Capital as it continues its rapid growth trajectory. Darron Levin comes from Intera Group where he spent the past 10 years as general manager of property. He was instrumental in growing this into a billion-dollar institutional property company. Mr Levin has…
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COMMERCIAL
Foreign buyers behind half of 2022 commercial property investment
More than half of all commercial property sales in 2022 have been to overseas buyers according to new data from Ray White Commercial.
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FRANCHISE NEWS
Coco Ma is on track to write $2 million in 2022
Just five years after a career change from her fast food business in central Melbourne, Coco Ma is on track to write $2 million in gross commission in 2022.
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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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NEWS
Auction clearance rate slips further
The preliminary clearance rate has slipped further this week on the back of increased auction volumes across the combined capitals.
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INDUSTRY NEWS
Record inflation to keep pressure on households
The latest CPI figures shows inflation has risen to 5.1 per cent, putting increased pressure on mortgage holders and households according to experts.
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INDUSTRY NEWS
Foreign investment in Australian commercial property doubles
Foreign buyers continue to be active in both buying and selling Australian commercial assets according to a leading expert.
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Economy
Samantha McLean: Web 3.0, real estate and the trust revolution
Crypto is not a dirty word. But, back in 2017 when I first started talking about it, it may as well have been.
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CONTRIBUTORS
James Leslie: don’t let the pursuit of perfection hold you back
When I was younger, my mother would joke that I wasn’t arrogant but just really, really confident.
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NEWS
Foreign buyer purchases in decline, sales on the up
The latest data from the Australian Government indicates foreign buyer purchase volume dropped 19.5 per cent in 2019-20, while sales volume increased 66.4 per cent in the same period.
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NEWS
Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and China as the overseas cohort with the largest increase in property searches Down Under.
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