Search Results for: first-home buyers
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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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INDUSTRY NEWS
Demand for Queensland land driving prices higher in growth corridors
A major shortage of land across South East Queensland’s growth corridors has driven up prices for new lots.
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Real Estate News
Federal Election puts a dampener on auctions
With the nation heading to the polls for a Federal Election at the weekend, both the auction volumes and the preliminary clearance rate felt the effect, slumping to the lowest success rate of the year. CoreLogic reported auction activity was down across all capitals, except Perth, with just 1676 properties going under the hammer in the combined capitals to record…
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Real Estate News
In the final weeks of the Federal Election campaign, housing supply takes centre stage
Last night, the Liberal Party launched its Federal Election campaign in Brisbane, unveiling two new housing policies to help people buy homes if they are re-elected. First is an extension of the existing superannuation tax incentive, which allows Australians aged over 65 to sell their homes and invest an extra $300,000 per person into their super. This will now be extended…
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OPINION
Federal Election won’t dent commercial market confidence
It is an age-old question that rears its head every three years: Just what impact will the looming Federal Election have on the property market including the commercial property sector?
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INDUSTRY NEWS
Buyer’s agent says keep interest rate rise in perspective
The headlines may be screaming doom and gloom, but one buyer’s agent says rising interest rates aren’t all bad news and purchasers need to keep things in perspective.
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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
First home buyer activity falls away in New Zealand
New Zealand's first home buyer activity has continued to decline as higher mortgage costs have started to have an impact according to a new report.
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OPINION
Nerida Conisbee: Why this year could be a much better one for first home buyers
The start of the pandemic was a popular time for first home buyers to get into the market.
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INDUSTRY NEWS
Perth prices continue to increase in April
The Perth property market has continued to see an uptick in prices since reopening its borders in February.
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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
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
First Home Guarantee Scheme might not help all first-time buyers
While the First Home Guarantee Scheme has been expanded to help more first home buyers enter the property market, a leading expert believes many purchasers will not be in a position to access the increased financial caps.
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INDUSTRY NEWS
Demand for property still strong despite signs of easing market
The Australian housing market remains strong and demand in Melbourne and Adelaide has hit record highs, despite signs the property market is softening in capital cities.
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INDUSTRY NEWS
The real estate issues the new Federal Government must tackle
The rental crisis, housing affordability and supply will be among the hot topics in the real estate sector leading up to the Federal Election on May 21.
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INDUSTRY NEWS
New Zealand house prices continue to soften
New Zealand property prices are growing at a slower rate, with the latest CoreLogic House Price Index (HPI) showing a 0.7 per cent rise last month.
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INDUSTRY NEWS
Home loan commitments decline from record highs
The value of new home loan commitments fell 3.7 per cent to $32.3 billion in February after a record high in January, according to new data from the Australian Bureau of Statistics (ABS).
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INDUSTRY NEWS
First home buyers could turn to rentvesting in Sydney and Melbourne
Priced out of the major cities, first home buyers could choose to rentvest in what’s becoming a more popular option according to new analysis.
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INDUSTRY NEWS
NZ first home buyers struggling to get a mortgage
First home buyers in New Zealand are struggling to get a mortgage with tighter lending requirements and rising interest rates squeezing borrowers, according to a leading expert.
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INDUSTRY NEWS
REIA welcomes the opposition’s regional focus
The Real Estate Institute of Australia (REIA) has welcomed the focus on regional living with the announcement the Leader of the Opposition wants to provide 10,000 places within the First Home Loan Deposit Scheme (FHLDS) for regional Australians living in communities for 12 months or more.
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INDUSTRY NEWS
Home Guarantee Scheme to be continued and expanded
First home buyers will continue to get assistance entering the property market from the Federal Government, with the announcement that the home guarantee schemes will be continued and expanded.
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INDUSTRY NEWS
Young Aussies stuck living at home longer
The rising cost of housing around the country is forcing young Australians to stay at home longer with 25 per cent of millennials still stuck with their parents after turning 30.
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INDUSTRY NEWS
First home buyers forced to save for 11 extra months to afford a home
Average couples are now forced to spend 11 additional months saving for a deposit to afford an entry-level house compared to the same time last year according to new research.
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INDUSTRY NEWS
REIWA calls for targeted stamp duty reform
REIWA is calling on the WA Government to introduce stamp duty reforms to help first home buyers and seniors, off-the-plan properties and small businesses.
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INDUSTRY NEWS
Rising property prices, low interest rates lead to record housing debt
Housing debt levels have hit a record high on the back of soaring property prices new data reveals.
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INDUSTRY NEWS
Housing affordability stretching homeowners to the limit
It’s tougher than ever to afford a home with new data showing the proportion of income needed to pay off a mortgage has risen to 37 per cent.
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INDUSTRY NEWS
Australia facing a housing supply crunch
Australia could be facing a ‘concerning’ housing shortfall of 163,400 homes by 2032 leading to further affordability issues according to a new report.
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INDUSTRY NEWS
Victorian housing tax to add thousands to cost of new home
A new Victorian Government housing tax could see the cost of a new home jump $20,000 with first-home buyers to bear the brunt of the price rises according to industry experts.
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Real Estate News
REIA calls for homebuyer help and the creation of property jobs
The Real Estate Institute of Australia (REIA) President Hayden Groves
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INDUSTRY NEWS
Value of home loan commitments rises after three months of falls
New loan commitments rose 6.3 per cent according to the latest data from the ABS marking continued strength in the national housing market.
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Real Estate News
An unremarkable end to a remarkable property year in NZ
A remarkable year for New Zealand’s residential property market came to an unremarkable end, according to property intelligence firm QV.
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INDUSTRY NEWS
First home buyer lending in NZ likely to slow down
The first home buyer market in New Zealand is likely to slow down in 2022 as banks continue to reduce low deposit home loans according to new analysis from CoreLogic.
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INDUSTRY NEWS
Micro markets and varying price growth tipped for 2022
Property prices will continue to drift higher in 2022, however, a leading property expert believes house prices will soon be ‘demand-led’ as markets begin to normalise.
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