National
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Sherrie Storor’s Build Your Best Life podcast launches Season 2
Australian entrepreneur Lorna Jane Clarkson will join a host of big-name real estate professionals, including Ewan Morton and Michael and Joel Davoren, on Season 2 of Sherrie Storor’s Build Your Best Life (BYBL) podcast.
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Clearance rate above 60 per cent for the first time since June
The preliminary clearance rate has topped the 60 per cent mark for the first time in 10 weeks after auction activity rose this week.
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New agents are in for a market shock
The throng of new real estate agents who joined the industry during the recent market boom could be set to struggle during the current downturn, according to some of the nation’s top agents.
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Inflation outstrips rental growth for more than a decade
Inflation has risen at more than twice the rate of weekly rents over the past decade, forcing many landlords to say "enough is enough".
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Why Brett Andreassen makes time for work and play
Setting clear boundaries between work and family time is crucial for high-achieving real estate agent Brett Andreassen.
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Office demand improving for high migration states
Locations with strong population growth have also started to see improvement in office demand.
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Growing your business isn’t all about digital
It’s easy to get bogged down and overfocused on digital platforms, including digital marketing and social media, when it comes to business growth.
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How the Ray White business continues to innovate and evolve
The fourth-generation custodians of the Ray White group of businesses have offered an insight into how they approach growth and innovation in a family enterprise that dates back 120 years.
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Day 2 of Ray White Connect brings the big keynotes and the creativity
Almost 3000 agents came together for Day 2 of the Ray White Group’s Connect conference on the Gold Coast yesterday. Elite Agent Managing Editor Samantha McLean went along for the ride and walked away with a series of top takeaways you can implement in your business.
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Listings surge sees REA Group post strong earnings
REA Group has released its full-year financial results with the post-lockdown surge in listings on realestate.com.au leading to a sharp jump in both revenue and earnings.
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Time to grab a bargain in our most expensive suburbs?
You may have a little bit of luck in Sydney and Melbourne, but elsewhere prestige is still recording price rises. Interest rates are on the move, prices are slowing but at a suburb level we are yet to see much evidence of widespread declines in prices. So much so that only 1.5 per cent of Australian capital city suburbs have…
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Three-quarters of Aussie borrowers have had their interest rates increased
Australian borrowers have felt the pinch of rising interest rates with 77.1 per cent of mortgage holders already experiencing a rate hike, according to a new survey.
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Virtual assistants reduce the load on property pros
Real estate industry technology has evolved substantially in recent years, but the issues agencies face have not, according to tech and outsourcing expert Tiffany Bowtell.
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Australia’s very own Schitt’s Creek hits the market
If you’ve ever dreamed of owning your own town, just like the Rose family's infamous purchase in the hit TV show Schitt’s Creek, then you might have your opportunity with the small Victorian town of Coopers Creek hitting the market.
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Top takeaways from Ray White Connect 2022
More than 2800 agents have come together on the Gold Coast as the Ray White Group celebrates its 120th anniversary and the first Connect conference since the start of the pandemic.
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Ray White returns to ‘The Shed’ to celebrate 120 years
Almost 300 Ray White members and their families have attended the Ray White Group's The Shed Open Day to celebrate 120 years of the leading brand on the site where the agency started.
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Australian property market turns “multi-speed”
The Australian property market has turned “multi-speed”, with different markets growing at different rates according to a new report.
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Quiet auction week sees clearance rate increase
It was the quietest auction week since mid-June, with 1471 homes auctioned across the combined capitals this week to return a preliminary clearance rate of 59.5 per cent.
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New building and construction solutions needed to address rental crisis
Better design, improved construction practices and new rental models could alleviate the risk of rental stress according to urban research experts.
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National vacancy rate drops to a record low
The national vacancy rate has tumbled to a record low, dipping under 1 per cent and heaping more pressure on tenants already struggling with rising rents.
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Demand for CBD office space slowly returns
Demand for office space remains solid as tenants slowly return to CBDs across the country.
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Falling investor lending to put pressure on renters
The rate of growth of new home loans to investors is slowing which could make it harder for tenants to find rental properties according to an expert.
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Sub-$2 million commercial market to remain strong
Commercial property valued under $2 million is likely to remain in demand, despite rising interest rates reducing the pool of buyers.
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New home loan values fall as interest rates rise
Rising interest rates are seeing homebuyers less willing to borrow, while at the same time house hunters are seeing their borrowing capacity slashed.
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Lenders pricing for risk with rate discounts
Lenders are rewarding borrowers with lower Loan to Value Ratios (LVRs) by offering reduced interest rates.
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Another rate hike to curb the highest inflation in three decades
The official cash rate is now 1.85 per cent after the Reserve Bank of Australia opted to raise interest rates a further 50 basis points at its monthly meeting today. The increase marks the fourth consecutive month of interest rate hikes as the RBA seeks to moderate inflation that is now the highest it has been since the early 1990s.…
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Don’t let FOMO ruin your home time
How many times have you said: “I wish I could turn off the phone after hours but just can’t risk it”?
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Adaptive reuse of old buildings on the rise across Australia
The redevelopment of old buildings across Victoria is starting to gather steam as developers look to find creative ways to utilise older buildings that have outlived their purpose.
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Renters being forced to give up pets to find a home
Renters are being forced to choose between keeping their pets and being able to find a place to live, with hundreds giving up their pets each year.
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Another big name signs on to use Propic AI technology
One of Australia’s best real estate agents, Vivien Yap, will introduce Propic Artificial Intelligence technology to meet her clients’ expectations for 24/7 customer service.
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ANZ cuts new customer variable rates by up to 0.50 per cent
Despite the Reserve Bank of Australia hiking the official cash rate and fixed rate loans rising, ANZ has come out and cut new customer variable rates by up to 0.50 per cent.
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Third week of increasing auction volumes
Auction activity has risen for the third consecutive week, with 1909 properties taken to auction across the major capitals to return a preliminary clearance rate of 58.8 per cent.
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Units outperform houses as buyers hunt for value
Buyers are on the lookout for more affordable housing options as rising interest rates make units more appealing.
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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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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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