Search Results for: first home buyers
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INDUSTRY NEWS
REIQ calls for stamp duty concessions to keep up with rising property prices
The Real Estate Institute of Queensland (REIQ) has called for the stamp duty concession threshold for first home buyers to be increased to be more in line with current day property prices.
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Thought Leaders Podcast
Three wise men: Mark McLeod, Matt Lahood and Chris Hanley, on the lessons of 2023, telling the truth with empathy and how to make 2024 a great year in real estate
Mark McLeod from Ray White, Matt Lahood from The Agency and Chris Hanley from First National Byron represent more than 100 collective years of wisdom and experience in the real estate industry. They sit down with Samantha McLean to reflect on the lessons of 2023 played out and present a blueprint to agents and leaders for the year ahead.
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INDUSTRY NEWS
The top 50 residential real estate influencers for 2023
There is rarely a dull day in real estate. From mergers and acquisitions, record sales and the AI boom, 2023 has once again been a year for the record books.
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INDUSTRY NEWS
Property market resilience to be tested in 2024
After bouncing back in 2023, the resilience of the property market is set to be tested according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Housing crisis is due to lack of supply, not immigration
The more than 500,000 new immigrants aren’t causing pressure on the housing market or making property prices more expensive according to a leading buyers agent.
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INDUSTRY NEWS
Housing affordability drops to a new low
Australians are struggling to afford housing like never before as rising interest rates and soaring housing and rental prices continue to bite.
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INDUSTRY NEWS
Aussie mortgage holders spared a Christmas interest rate rise
The Reserve Bank of Australia has provided mortgage holders a Christmas time reprieve, electing to keep interest rates on hold at 4.35 per cent at today’s board meeting.
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CONTRIBUTORS
Bianca Denham: The challenge of leadership
The concept of leadership can seem abstract, hard to define and a topic that challenges many.
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INDUSTRY NEWS
QLD unit prices ‘awaken from their slumber’
QLD home buyers are starting to chase affordability with new data showing that unit price increases are starting to outpace freestanding homes.
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INDUSTRY NEWS
See inside the tiny apartment worth $500,000
A minuscule apartment in Bondi Beach has been snapped up at auction for a staggering $511,000, surpassing its reserve by more than $41,000.
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INDUSTRY NEWS
New Zealand property prices continue to recover
Property prices in New Zealand ticked higher last month adding to the recent string of increases suggesting the market has turned the corner for the time being.
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National
Property prices tipped to rise further in 2024
Combined capital city house and unit prices are tipped to reach a record high in 2024, after price expectations defied forecast declines in 2023.
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INDUSTRY NEWS
Help to Buy scheme set to get more people into a home
Thousands of Australians looking to buy a home and struggling with affordability will soon get more government help, with the introduction of the Help to Buy scheme.
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INDUSTRY NEWS
Sea change out, tree change in: Australians flock inland for an affordable lifestyle
Buyers are swapping the beach for the bush when it comes to relocating to more affordable regional areas, new research reveals.
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INDUSTRY NEWS
Unlocking confidence in Australia’s property market: agents hold the key to easing frustration and uncertainty
Australians are feeling frustrated, unbalanced and uncertain about the current property market, providing agents an opportunity to solve the confidence equation and get ahead of the competition as a trusted industry advisor.
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Elite Agent
Nerida Consibee: property market predictions for 2024
Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across Australia in 2023.
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INDUSTRY NEWS
Falling prices in some suburbs make it easier to buy in Sydney and Melbourne
With interest rates rising, buying conditions remain tough however, there are still locations where people can find both affordable and livable locations according to a new report.
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Real Estate News
Redefining leadership: real estate’s leading ladies gather in Sydney
Establishing themselves in a male-dominated industry, balancing life with work, and the leadership qualities needed to excel in the sector, were just some of the topics covered at the annual Canapes and Conversations networking event this week.
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Elite Agent
How ethics and empathy built Daniel Harris’s real estate career
Daniel Harris’s real estate philosophy is simple.
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National
National Home Value Index hits a new high
Australia’s property market has experienced a V-shaped recovery, with the national Home Value Index hitting a new record.
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INDUSTRY NEWS
Remote investing surges as investors head to WA
Remote investing has taken off in 2023, with the distance between where landlords live and where they invest almost doubling compared to last year.
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INDUSTRY NEWS
Is Queensland’s First Home Owner Grant all it’s cracked up to be?
The Queensland Government has doubled the state’s First Home Owner Grant but a property expert warns the offer may not be as good as it first appears.
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Elite Agent
Maximising the allure: How to prepare homes for a new year sale
As you approach the end of the year, it’s time to put in some prep and get 2024 vendors ready for the opportunities that a new year brings.
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National
OnTheHouse and Openn combine to bring private treaty sales online
CoreLogic’s consumer property research and listing platform, OnTheHouse.com.au, has strengthened its partnership with Openn, to bring private treaty sales online through Openn Offers.
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CONTRIBUTORS
Michelle May: Property trends that will dominate in 2024
As we fast approach the end of 2023, the Australian real estate landscape is showing clear indications of the trends that will dominate in 2024.
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INDUSTRY NEWS
First home buyer demand across New Zealand hits a record high
Despite reduced housing affordability and higher living costs, first home buyers (FHBs) in New Zealand are buying homes are a record rate.
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INDUSTRY NEWS
Immigration surge putting short-term pressure on rental markets
The flood of overseas migrants is putting the rental market under extreme pressure in the short term and the Government needs a more consistent long-term target according to an expert.
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INDUSTRY NEWS
Cup Day rate rise: RBA lifts interest rates to 4.35 per cent
The Reserve Bank of Australia has lifted interest rates for the first time in five months, hiking the cash rate 25 basis points to 4.35 per cent, which is a 12-year high.
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INDUSTRY NEWS
New Zealand property prices rise for the first time in 18 months
The first signs of a recovery in New Zealand property prices have begun with values increasing 0.4 per cent last month and 0.1 per cent for the quarter according to CoreLogic NZ.
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INDUSTRY NEWS
From ordinary to extraordinary: The Block leaves lasting impression on property market
The 19th season of hit renovation show, The Block, may be nearing its finale, but it will leave a much longer lasting legacy on the Australian property market, according to Domain Editor Alice Stolz.
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Real Estate News
Chaotic auction sets a new record with 161 registered bidders for damaged home
When Cory Boyd and Keron Petzer listed the dilapidated home at 19 Billabong Drive, Crestmead, they had no idea of the chaos that would ensue on auction day.
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INDUSTRY NEWS
Rental market is ‘extremely challenged’ as listings drop and rents soar
A chronically challenged rental market, fuelled by record low supply and soaring weekly rents, is creating a self-perpetuating housing crisis where would-be first-home buyers are finding it increasingly difficult to stop renting and buy a home.
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INDUSTRY NEWS
REIA proposes plan to tackle housing crisis
The Real Estate Institute of Australia (REIA) has released bold suggestions to tackle the ongoing housing crisis and help more people get into the market.
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INDUSTRY NEWS
South Australia’s property market goes from strength to strength
South Australian property prices continue to rise, despite the headwinds of higher interest rates and economic uncertainty.
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