National
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Herron Todd White: Property clock has run out of batteries with no movement in any market
With the property market remaining the same as July, Herron Todd White’s property clock indicates nearly all Australian residential property sectors are either rising or approaching the peak. Herron Todd White‘s (HTW) August residential property clock remained identical to last month, with no positional changes in houses or units. The commercial property clock saw some changes. Residential property clock The…
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Housing affordability advocates condemn Liberal MP Jason Falinski’s ‘prejudiced’ objections to social housing reform
A coalition of housing affordability advocates have rejected the "prejudiced" comments made by Jason Falinski, MP for Mackellar
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Major changes to franchise laws will significantly impact the real estate industry
Important changes to Australian franchise laws, introduced in July, will impact both franchisors and franchisees, regardless of expansion plans.
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MRI Software acquires Box+Dice
Global real estate software provider MRI Software has acquired customer relationship management platform Box+Dice, in a move that will enable agencies to look after clients throughout their entire property journey.
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Auction volume and clearance rate enjoy slight increase
There has been a slight increase in auction volume this week as the preliminary clearance rate also took an upward turn.
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Differences between inner, middle or outer rings in Australia’s high performing cities
PRD has provided insights into the best areas to invest, buy and rent in major Australian capital cities, such as Brisbane, Sydney, Melbourne and Perth.
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Top 10 things to watch in the Australian property market
After correctly predicting this national property boom, Propertyology Head of Research, Simon Pressley now takes a look at the things that will shape future property market performance.
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Property seekers remain undeterred as buyer demand reaches an all time high
Buyer demand and email enquiries from property seekers have reached an all-time high despite lockdown restrictions in some states.
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The impact of discrimination in the private rental sector
Discrimination towards tenants in the private real estate sector has been highlighted by new AHURI research, but an expert believes these issues can be repaired through more education.
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Rental affordability improves across Australia
Rental affordability improved marginally across Australia by 0.3 percentage points over the June quarter, according to REIA.
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Cash rate steady as housing remains ‘one of the few positive indicators’
CoreLogic Research Director Tim Lawless shared his reaction to the Reserve Bank of Australia maintaining their cash rate hold at 0.1 per cent.
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Reserve Bank of Australia maintains historic cash rate hold of 0.1 per cent
The RBA announced the national interest rate will remain on hold at the historic low of 0.1 per cent.
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RBA’s cash rate hold of 0.1 per cent will motivate Australians to look into refinancing
Mortgage Choice and Smartline CEO Susan Mitchell said the Reserve Bank of Australia's (RBA) decision to keep the nation's official cash rate on hold at 0.1 per cent will continue the increasing trend of refinancing.
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Sydney homebuyers might have to find another $76,600 in the next 12 months
Experts in Finder's RBA Cash Rate Survey have estimated property prices are set to rise an additional 8 per cent by July 2022.
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Vast majority of experts say vaccine passports are an economic necessity
Vaccine passports will be an essential tool for economic recovery, according to experts in a new poll from Finder.
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Lower volumes lift the auction clearance rate
Auction volumes have dropped this week, but the clearance rate has risen, with 1535 properties taken to auction nationally, res
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First-home buyers flee as property prices continue to surge
First home buyer numbers have plummeted over July as the housing affordability crisis continues, according to REIA president Adrian Kelly
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Lockdown not a predictor of low national vacancy rates
While national vacancy rates remain steadily low in August, capital cities have seen varying rates that are not always congruent with their lockdown status, according to Domain.
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Pet ownership has surged, but so has the number of animals being surrendered
Google Search data indicates more Australians are looking to adopt a dog as lockdowns continue, but shelters are reporting more returns.
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National home prices continue to rise but housing boom is slowly losing steam
Affordability constraints, rather than lockdowns, have slowed but not halted the rise in property values, according to the latest report from CoreLogic.
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Is the home and business lending surge about to slow down?
Finance broker Savvy has analysed the latest ABS lending indicators to uncover whether the increase in new loan commitments has peaked yet.
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20-year analysis shows housing affordability continues to decline but rental affordability stable
The Real Estate Institute of Australia (REIA) has crunched the numbers and found housing affordability has been on the decline for the past two decades.
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Openn Negotiation launches free private treaty solution
Online real estate sales platform, Openn Negotiation, has launched its private treaty solution – Openn Offers.
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Melbourne withdrawals weigh heavily on auction clearance rate
Scheduled auction volumes might have increased this week, but with 64.3 per cent of all Melbourne auctions withdrawn, the preliminary clearance rate has slumped to its lowest level since late April last year.
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The Agency confirms record revenue
The Agency has confirmed a record financial year, announcing revenue increased 39.36 per cent in 2020/21 to $58.38 million.
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Regional housing affordability is deteriorating faster than capital cities
HIA has found the affordability of regional housing is deteriorating at a much faster rate than capital cities
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A new app provides support to real estate professionals struggling with mental health
Domain have partnered with Rise to create a free mental health resource designed especially for real estate professionals, called the Real Care App.
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The vexing issue of vaccination: How the real estate industry is tackling the issue
How should the real estate industry approach the issue of vaccination? We put the question to some of the country’s largest groups to see how they’re handling the vaccination debate.
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Rising home loan rates will cause more Australians to need financial assistance
Almost 150,000 Australian households would need financial assistance if home loan rates increased, according to new Finder research.
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Westpac warns Australia’s housing market is losing momentum
Australia’s housing market has fallen into “tricky territory” amid lockdowns and the affordability crisis, says Westpac's Quarterly Housing Pulse
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Openn Negotiation has partnered with CoreLogic’s property research platform
CoreLogic’s listing portal onthehouse.com.au, has partnered with Australian-listed property technology company Openn Negotiation.
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Westpac is the first major bank to cut their variable home loan rate to 1.99 per cent
Westpac has become the first big four bank to offer a variable home loan rate under 2 per cent, however the rate is only introductory.
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What current property market trends tell us about the future of Australian real estate
The Agency CEO Matt Lahood joked the property market's progress was "not bad at all", considering how many regions have been in lockdown.
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Withdrawals see clearance rate drop to lowest level since July 2020
This week saw the lowest preliminary clearance rate recorded since July last year, with only 63.3 per cent of the 1977 auctions scheduled for this week proving successful.
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Housing affordability expert warns millennials are likely to be trapped in the rent cycle forever
Housing ing affordability Ian Ugarte has warned young people not to "rely on the bank of mum and dad" when purchasing a home
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