National
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Buyers need to weigh up the risk of falling property prices
Home buyers need to weigh up the risk of falling property prices as the Reserve Bank of Australia continues to raise interest rates according to an expert.
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Australian property companies the most sustainable in the world
Australian property companies have taken out top position for the 12th consecutive year, in the GRESB Real Estate Assessment ranking for sustainability.
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Auction volumes rise above the 2000 mark
Auction volumes have risen above the 2000 mark for just the third time since June but still remain well below the number of properties going under the hammer this time last year.
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Could property prices return to pre-Covid levels?
National property prices would need to fall 16.7 per cent for values to be back at pre-Covid levels according to CoreLogic.
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Investors eyeing off South East Queensland
South east Queensland is back on the radar for property investors after the State Government shelved land tax changes an expert has said.
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The Block’s Sharon and Ankur release exclusive virtual walkthrough of their stunning home
Stickybeaks and serious buyers alike can fully immerse themselves in House #3 from The Block with an exclusive virtual walkthrough just released by Sharon and Ankur on Domain.
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Rising interest rates weigh on median home prices: HTW
The Reserve Bank of Australia’s sharp tightening cycle has started to see median home prices fall across the country, according to the latest Herron Todd White (HTW) Month in Review.
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Property values fall in majority of house and unit markets
Almost 80 per cent of Australia’s house and unit markets are now in decline.
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Sellers increase marketing budget in face of tighter market
Vendors are willing to increase advertising budgets for their homes if they can delay payment of marketing costs until settlement, new figures from marketing finance provider CampaignAgent show.
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Australia continues to attract commercial real estate investment
After a record year in 2021, commercial transactions have slowed, however, Australia still remains an “attractive” market for international investors according to an expert.
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How the floods impact insurance: FAQs answered!
Floods – sadly, many Australians and their properties are bearing the brunt of Mother Nature. This means an influx of inquiries are hitting agents.
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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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Renewable energy plants could boost property prices
Building renewable energy plants could help increase the value of nearby property prices, according to a new report.
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Borrowers “scrambling” to refinance in record numbers
Rapidly rising interest rates and higher living costs are pushing record numbers of borrowers to refinance their home loans.
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Useful real estate links and articles for flood-affected regions
Articles and links, which are designed to assist real estate professionals before, during and after a natural disaster event.
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Capital city auction volumes fall 4 per cent
Capital city auction volumes fell 4 per cent this week, with 1742 homes going under the hammer to return a preliminary clearance rate of 61.4 per cent.
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Rents hit record highs again as units outpace houses
Rents have hit record highs across the country again, with unit rents rising much faster than houses.
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New Propic AI seeks to generate more leads and save agents time
PropTech innovator, Propic has reinvented its Artificial Intelligence technology, with a trio of revamped products aimed at meeting real estate consumers’ demands for 24/7 service, giving agents more time in their day and generating leads with outbound prospecting.
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New listings 15 per cent below the long-term average
Despite rising interest rates and falling prices, homeowners are not rushing to sell.
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Slower start to spring for new listings but what’s to blame?
The extra public holidays in late September have contributed to a slow start to spring for sellers, with new listings 7.5 per lower than the prior month.
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Housing market passes ‘peak fear’ phase
Australian property markets have passed their “peak fear” phase and are expected to bottom out in the new year according to an expert.
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Consumers start to cut spending as rates rise
Rising interest rates and high inflation, are starting to hit the hip pockets of consumers with new data showing people are cutting back on their spending.
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No end in sight for rising construction costs
There’s still no relief in sight for builders with construction costs continuing to rise at a record rate.
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House price falls to continue into 2023: NAB
There’s likely more property price declines ahead with values to continue decreasing in 2023, according to the National Australia Bank.
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Different to offer property management as-a-service
Australian proptech :Different, has announced the launch of an all-in-one property management solution, :Different for Agencies.
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Rental stock levels well below five-year average
Rental stock levels are more than 35 per cent below the five-year average and growth in annual rents has broken into double digits for the first time on record, new figures show.
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Rising interest rates lead to a surge in refinancing
Homeowners are refinancing their mortgages at record levels as the impact of rising interest rates start to take hold.
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Preliminary clearance hits its highest peak since late May
The preliminary clearance rate has reached its highest point since May after auction volumes increased this week.
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Sydney vacancy rates hit the lowest on record
Sydney's vacancy rate has dropped to a record low of 1.1 per cent, with the number of available rental properties more than halving in the past year.
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Affordability continues to cause problems for first home buyers
The surge in home prices over the past few years continues to make it more difficult for first home buyers to get into the market. Finder’s First Home Buyers Report 2022 has shown that those people currently looking to buy rated affordability as their top factor in selecting a home, followed by access to public transport, proximity to shops, and…
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Prevent burnout with new property management tools
Property managers are calling time on the real estate industry, struggling to cope with busy workloads and poor access to tools and resources needed to succeed.
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How to choose the right exit strategy for your business
Sales, retirements, and unforeseen events can lead to you or a partner exiting your real estate agency, but many business owners aren’t fully prepared for this critical step in their business’ life cycle.
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Lending to build new homes slows down
Rising interest rates continue to weigh on housing finance, with new data from the Australian Bureau of Statistics showing a decline in August.
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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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Major banks to pass on full RBA rate hikes
Australia’s big four banks have been quick to pass on the Reserve Bank of Australia’s 25 basis point rate hike in full to their variable mortgage customers.
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