Search Results for: first home buyers
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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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Celebrity Homes
Joe Jonas lists New York apartment after split with wife Sophie Turner
Several months after Joe Jonas and Sophie Turner parted ways and sold their Miami mansion, Jonas has put his New York City property on the market, a move that seems to echo the sentiment of their split.
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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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INDUSTRY NEWS
Buyers seek transparency: 72 per cent skip properties without prices listed
Property listings without prices are buyers' biggest pain point when searching for a new home on realestate.com.au, according to new research from REA Group.
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INDUSTRY NEWS
Property market to recoup 2022 downturn by the end of the year
Australia’s property market has almost entirely recovered from the 2022 downturn and will do so by the end of the year, according to Domain.
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INDUSTRY NEWS
First-home buyers opting for “memories not mortgages”
First home buyers are increasingly First-home buyers are increasingly opting for “memories not mortgages” as the high cost of getting into the market makes owning a home less appealing to younger generations in the post-Covid world.
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INDUSTRY NEWS
3 things you need to know about the US buyer-agent commissions trial
Week one of the Sitzer/Burnett class action lawsuit has drawn to a close, in a case that has the potential to shake up the industry and change the way US agents get paid.
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INDUSTRY NEWS
First-home buyers dominate the NZ market
The number of New Zealand property sales in September were 8 per cent higher than a year ago, with first-home buyers dominating the market.
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