Search Results for: cameron kusher
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Real Estate News
Share of homes for sale below $600,000 hits record low
Two years of surging home prices across Australia has seen the portion of homes under $600,000 hit a record low level.
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Rental supply at the lowest level in two decades
Rental stock across Australia has reached the lowest level since 2003 led by the reopening of international borders, putting more pressure on renters than ever before.
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INDUSTRY NEWS
Record low share of rentals below $400 per week
Tight rental markets are putting extra pressure on low-income renters as the share of rental properties listed below $400 per week has hit a record low.
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Real Estate News
Rents rise at fastest quarterly pace on record
Rents have risen at the fastest quarterly pace on record, soaring 4.3 per cent nationally in the three months to September.
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INDUSTRY NEWS
RBA a “near certainty” to raise rates next week
Australia’s hottest rate of inflation in 21 years means the Reserve Bank of Australia is a “near certainty” to hike the official cash rate 0.5 per cent on Tuesday, according to experts.
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INDUSTRY NEWS
Home prices to fall 5 per cent by end of the year
Rising interest rates could see property prices drop by up to 5 per cent between now and the end of the year, according to a new report.
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Real Estate News
NSW Budget helps certain sectors of the property market
The NSW Government’s stamp duty reform, shared equity scheme and housing infrastructure boost are all positive starts but don’t stretch far enough to make a meaningful, long-term impact on the property market, according to industry experts.
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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
Hobart to lead national price growth in 2022
2022 looks set to be another strong year for property prices with Hobart set to be the standout performer.
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INDUSTRY NEWS
Rental market to stay tight as prices surge
Weekly rental prices have surged almost 5 per cent across the country to finish 2021 at a national median of $450 per week, new data shows.
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INDUSTRY NEWS
Hot property market cools as gap between buyers and sellers narrows
Price growth in Australia’s scorching property market has peaked and the first signs of a shift from an extreme sellers’ market to one that is more balanced have appeared, new data shows. The latest PropTrack Housing Market Indicators Report shows that while there are still a throng of active buyers in the market, for the first time since the pandemic…
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Real Estate News
PropTrack data shows just how hot the market is right now
REA's PropTrack has released its market outlook for November, noting listing volumes increased across the country throughout October while property prices also continued to rise.
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INDUSTRY NEWS
HomeBuilder legacy lives on in record number of houses being built
The legacy of the HomeBuilder initiative lives on, with a record number of houses commencing construction in the recent June quarter.
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INDUSTRY NEWS
New and total listings drop across Australia as national rental supply nears all-time low
The Australian rental market has become increasingly competitive as available rental supply continues to sharply decline over 2021.
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VIC Real Estate News
Real estate industry leaders react to Victoria’s roadmap out of lockdown
Melbourne's real estate industry is set to see a lockdown-related milestone on October 26, as on-site outdoor auctions will be able to resume with up to 50 fully vaccinated attendees and one-on-one inspections resuming.
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INDUSTRY NEWS
Sydney sees newfound confidence as new listing rates improve
The NSW Government's pathway out of lockdown has instilled newfound confidence in Sydney residents, according to REA Group's newly released PropTrack Listings Report September 2021.
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INDUSTRY NEWS
Property seekers remain undeterred as buyer demand reaches an all time high
Buyer demand and email enquiries from property seekers have reached an all-time high despite lockdown restrictions in some states.
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National
Lockdowns lead to lower seller confidence but buyers remain keen for more
The REA Insights Listings Report August 2021 analysed new listings in order to deduce the latest market supply trends.
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INDUSTRY NEWS
Australians are using lockdown to hunt for property online
Search activity on realestate.com.au jumped 2.4 per cent last week as lockdowns were felt across the country.
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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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INDUSTRY NEWS
More than half of experts say lockdowns will slow property price growth
Strict lockdowns are one of the few things that can slow down Australia’s recent surging property price growth, according to experts.
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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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INDUSTRY NEWS
REA reports home sales increased by 60 per cent in June compared to previous years
Property sales have remained steady and are over 60 per cent higher than in 2020 and 2019, according to a new report from the REA.
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INDUSTRY NEWS
Experts weigh in on the Reserve Bank of Australia’s rate-hold
On Tuesday afternoon, the Reserve Bank of Australia (RBA) announced the official cash rate was on hold, to mixed reactions. Economists and industry leaders have weighed in on the RBA’s announcements on social media, with many using Twitter to share their opinions. Economist and Monash University lecturer, Dr Isaac (Zac) Gross says the under-covered aspect of the RBA is the…
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Real Estate News
New listing volumes remain high despite fall in May
After a significant lift in volumes earlier this year, new listings fell for the second consecutive month a new report shows. While the rise in listing volumes earlier this year helped supply meet record-high buyer demand, the REA Insights Listings Report June 2021 showed a 4.4 per cent decline in May. Despite the slight drop in May, new listing volumes…
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Real Estate News
REA finds property seekers want energy efficient homes
Energy-efficient ratings and features have become increasingly important factors for Australians looking to rent, buy or build, according to new data from REA Group.
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Real Estate News
Demand for housing continues to outpace listing supply volumes
Demand for housing in Australia continued to outpace listing volumes in April, according to the latest data from REA Group.
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Real Estate News
Australia’s hot housing market showing slight signs of cooling
Australia’s housing market may be showing signs of slowing down, with an increase in supply and a slight downturn in search activity, according to the latest REA Insights report.
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Elite Agent
Price growth in capital cities outstripping regions according to REA Insights Home Price Index data
Capital city price growth outpaced regional growth for the second time in 12 months in February, data from the new REA Insights Home Price Index released today shows.
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Elite Agent
Government looks to extend First Home Loan Deposit Scheme
As the Federal Government readies to bring down its October budget, an expansion of the first-home buyer loan scheme could be on the cards, following a rush of demand. National Housing Finance and Investment Corporation figures show that over 40 per cent of the 10,000 available slots have been filled in less than a month. In comparison, the first 10,000…
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Elite Agent
Rent prices take first quarterly fall since 1972
In the first quarterly fall since 1972, rent prices were down 1.3 per cent for the June quarter, according to the latest data from the Australian Bureau of Statistics (ABS). The downward trend coincided with the biggest drop in consumer prices since 1931, with the consumer price index for the June quarter falling 1.9 per cent. “Weak rental market conditions…
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Elite Agent
Good news: HomeBuilder has caused a boom in new home inquiries
The Federal Government’s HomeBuilder scheme has led to a surge in new home inquiries since it was announced in early June. REA have today released their ‘Insights New Homes Snapshot’ for July, which shows inquiries to developers nationally jumped by almost 63% in June. Even more impressively, inquiries about land experienced a 93% lift over the month. “I expect to…
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Real Estate News
realestate.com.au introduces buyer demand index
REA Group has launched a new residential buyer demand index, to help consumers understand the ebbs and flows of the market, including when to buy and sell. REA Insights Weekly Demand Index is part of the group’s dedicated data and insights function, and showcases the deep and unique insights potential buyers can expect on the property market. The launch comes as…
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Real Estate News
REA’s new COVID-19 features and support recapped
REA Group has announced a raft of new features to assist agents as they navigate the COVID-19 landscape and this week they moved to clarify what is currently available along with ongoing support measures. Noting the situation continues to evolve, REA CEO Owen Wilson last week said the focus is clear: to provide customers with ongoing flexible support measuresto launch…
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Brand Editorial
Cameron Kusher: International Markets
Cameron Kusher will be speaking at Prop20 in March and April. To register for this event visit proprea.com.au. Cameron, what’s your area of speciality? Residential property is more my speciality (than commercial or other forms of real estate), as is blending economic and demographic trends with what we see in our data, and more specifically on housing. What topic(s) will you…
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