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INDUSTRY NEWS
Australia’s housing market downturn building momentum
Adelaide is the only capital city still recording monthly property price growth higher than one per cent, with market experts tipping the rate of housing value decline will gain pace and spread further in coming months.
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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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COMMERCIAL
National office markets bounce back faster than expected: HTW
The national office market is continuing to bounce back from the pandemic faster than anticipated according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Fallout from rising rates to be less dramatic than predicted: HTW
Rising interest rates are likely to slow down property markets but the fallout will be far less dramatic than most commentators predict according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
House prices continue to rise as other dwelling values slow down
Australian house prices recorded another increase over the March quarter, while other dwelling types saw price growth slow down.
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INDUSTRY NEWS
New listings rebound after a quiet April
The number of new listings across the country continues to rise, jumping 12 per cent across the capital cities compared to last month according to PropTrack.
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INDUSTRY NEWS
Australia is the 13th strongest property market in the world
A number of Australia’s major cities have featured in the global list of best-performing housing markets over the past 12 months.
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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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Real Estate News
Prices fall in inner-city and expensive suburb micro markets
Micro markets in major capital cities have started to weaken, with prices falling as much as 8.5 per cent in the past three months. The latest CoreLogic Property Pulse showed inner-city and upper-quartile suburbs in Sydney, Melbourne and Canberra have led the price falls with suburbs such as Sydney’s Beaconsfield dropping 8.5 per cent in the past three months. In…
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INDUSTRY NEWS
Rising construction costs to weigh on builders and home buyers: HTW
Rising construction costs are ongoing labour shortages are putting increasing pressure on builders and new home buyers, according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Rising rents put pressure on desperate tenants
Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find a home, while property managers are faced with testing conditions.
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INDUSTRY NEWS
New listings drop during a disrupted April
Listings eased off during April as vendors hit the pause on sales campaigns with the Easter and Anzac Day public holidays causing interruptions, according to new data.
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INDUSTRY NEWS
Perth property prices hit a record high
Property prices across Perth have finally reached a new record high of $552,128, according to the latest data from CoreLogic.
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INDUSTRY NEWS
Demand for property falls in April
Demand for property eased in April with views-per-listings and sales both lower according to new data.
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INDUSTRY NEWS
Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to operate in a “landlords’ market” according to a new report.
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INDUSTRY NEWS
WA the most affordable for first home buyers
Perth has been named the most affordable capital city for first home buyers, with regional Western Australia taking the title of most affordable area in the country, according to a new report.
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INDUSTRY NEWS
Rising CPI suggests more affordability worries ahead
The highest inflation in 30 years suggests housing affordability is going to continue to decline, according to an industry body.
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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
Property boom losing momentum – Sydney price growth ‘flatlining’
The rate of property price growth in Australia has dropped dramatically in the first three months of the year, new data reveals.
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INDUSTRY NEWS
Rental demand continues to soar as availability falls to lowest level in more than a decade
Near record demand and the lowest level of availability in almost 20 years is propelling a tough rental market, new analysis shows.
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INDUSTRY NEWS
What’s driving the housing markets: HTW
Demand for residential property remains strong, however, the rate of growth is slowing according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Investor lending reaches record high
Lending to investors has hit a record high level, outpacing the last two property booms.
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INDUSTRY NEWS
Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median price now $508 per week, according to the latest data.
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INDUSTRY NEWS
Housing values fall in Sydney and Melbourne
Property values in Sydney and Melbourne have started to slide, falling as much as 7.2 per cent in the first quarter of the year, new analysis shows.
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INDUSTRY NEWS
Hobart named fourth-strongest property market in the world
Hobart has been named the fourth-strongest property market in the world, according to the latest Frank Knight Global Residential Cities Index.
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INDUSTRY NEWS
Australia’s smaller capital cities drive property price growth
CoreLogic's latest national home value index shows house prices rose by 0.7 per cent in March, led by the smaller capital cities that continue to outperform their larger counterparts.
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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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INDUSTRY NEWS
Hard work and dedication pay off for 2021 AREA winners
Happy clients, excellent results and self-betterment are high on every real estate agent’s agenda.
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INDUSTRY NEWS
Real estate’s night of nights – all the AREAs winners
DiJones taking out Residential Agency of the Year for the second year in a row.
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INDUSTRY NEWS
‘Uncertainty’ remains in national office markets: HTW
Despite Covid restrictions slowly easing around the country, it will take some time before businesses and employees return to the CBD amid ongoing “uncertainty” according to the latest Herron Todd White Month in Review.
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INDUSTRY NEWS
Australian residential property value nears $10 trillion
The total value of Australia’s 10.8 million residential properties has increased at record pace to nearly $10 trillion ($9901.6 billion) according to new data.
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Real Estate News
Investors driving rising markets on Herron Todd White property clock
Soaring Sydney property prices in 2021 “overshadowed” another key market trend of rising rental rates, according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
House prices grew at the fastest rate in 20 years
National house prices grew at 25.1 per cent in 2021, making it the fastest annual growth rate in 20 years, according to new data.
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Real Estate News
Listings surge in busiest start to the year in almost a decade
Listing volumes across the country have surged, providing buyers relief from previously tight stock levels.
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Real Estate News
Vacancy rates fall to lowest on record
National vacancy rates have hit their lowest point on record, falling to just 1.1 per cent in February.
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