National
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REA Group changes Track with rebranding of data and valuations business
REA Group has announced a rebranding of its property data and automated valuations business Hometrack, which will now be known as PropTrack.
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Video of the Week – Location and living space
Never in our lifetime has the concept of the home been so important, including the ability to have a functional and relaxing space.
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Auction clearance rate hits a high despite latest lockdown
The preliminary auction clearance rate has hit 86.1 per cent across the capitals this week as auction volumes continue to increase.
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All financial conditions met: The Agency’s shares lift
Shares in The Agency have resumed trading on the Australian Securities Exchange after the ASX yesterday confirmed the company had met all requirements relating to its financial condition. As of the close of trading last night, the company’s share price had lifted .1c to 5.5c a share. The news follows a series of recent announcements relating to The Agency’s financial…
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Think outside the box to capitalise on Year of the Ox
Few people will be sorry to see the tail end of the Year of the Rat but as we enter the Year of the Ox in the Chinese zodiac, what can we expect?
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Hodges Group appoints Tony Zarka as new CEO
Hodges Real Estate has announced the appointment of Tony Zarka as the group’s new CEO, who is set to commence in the role next month.
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Greater Bank claims title of Australia’s lowest home loan
It’s a race to the bottom that lenders are happy to be associated with and in great news for borrowers, Greater Bank has just claimed the new lowest home rate in Australia at 1.69 per cent, fixed for one year.
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Panel uses logic to drill to the core of climate issues
Some of the Asia-Pacific’s brightest minds in climate change risk management met last week to discuss how the financial services industry can effectively identify, assess and manage climate-related risks.
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Clearance rate tops 80 per cent with higher auction values
Auction markets have returned a strong result on higher volumes this week, with the combined capitals preliminary clearance rate holding above 80 per cent, and Sydney clocking up almost a 90 per cent success rate.
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Survey shows Australians banking on a positive year for property market
Home lending and property values are not the only things hitting a high point in 2021, with positive sentiment almost booming for those in the market, according to ME’s latest Quarterly Property Sentiment Report.
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Century 21 Australasia announces internal promotion to CEO role
Century 21 Australasia has appointed experienced real estate professional James Bell to the role of Chief Executive Officer.
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Low rates and high values drive home lending to all-time high
Record-low interest rates and record-high property values have helped drive home lending to an all-time high, according to newly released figures.
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Darwin, Perth and Hobart record strong growth in January
Australian house values reached a record new high during the start of 2021 - even surpassing pre-COVID levels, according to latest data from CoreLogic.
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Auction activity picks up right where it left off
Capital city auction activity has ramped up after the seasonal slowdown, with 891 homes taken to auction this week resulting in a preliminary clearance rate above 80 per cent.
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Peters Investments confirms its support for The Agency
Peters Investments has thrown further weight behind The Agency, converting $3 million of convertible notes to equity and exercising 14 million options in a show of support for the brand’s future plans.
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Ray White ready for red hot auction market
This weekend marks the beginning of the 2021 auction season and, according to Ray White, their group plans to start the year with a bang.
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Regions show record price growth
House prices have hit a new record high across all Australian capitals with exceptions of Darwin and Perth.The Domain House Price Report for the December 2020 quarter released this morning also shows that outer city regions across the country saw record price growth as demand rose throughout COVID.
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Record revenue for The Agency
The Agency’s half-year report to shareholders shows the company continues to grow in revenue, has positive cashflow, and a growing sales pipeline into 2021.
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Agents on the move
Newly signed Ray White recruit Leigh Grixti has a hidden advantage when it comes to property sales, while Brisbane agent Adam Gould is joining the LJ Hooker Property Centre in Cleveland with his team.
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Homely signs on as a major sponsor for Transform 2021
Homely says that after a fantastic response and positive feedback from agents and property managers who attended Transform 2020, they are seizing the opportunity to partner again with Elite Agent.
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Why online reviews are essential for real estate in 2021
There’s a lot more to online reviews that just five stars, and interaction management platform Podium knows the huge impact that can have on Australian real estate.
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Auction volumes up 44 per cent over December quarter
CoreLogic’s auction market review for the December quarter 2020 saw the combined capital city clearance rate continue to strengthen, while auction volumes increased by 44 per cent over the same period.
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Video of the Week – With a little help from my friends
When Jane Booty from Stone Real Estate In Castle Hill decided to sell her house, who did she list it with? All of her mates in the area, basically. Appearing in this video are Karen D'Angla from DiJONES Northern Districts, Melissa Williams from Response Baulkham Hills, Ruma Mundi from First…
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New home sales surge
The lure of $25,000 caused a surge of new home sales in December as buyers rushed to qualify for the Federal Government’s HomeBuilder grant.
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Lifestyle demand sees rental prices surge
A surge in Aussies moving to lifestyle destinations is causing a hike in rents, with it now costing more to lease a unit in Brisbane than in Melbourne.
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Momentum in Australia’s property market continues to build: CoreLogic
Core Logic's December data points to a strong 2021, with
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Property boom predicted for 2021
Five out of 8 Australian capital cities are likely to produce double-digit house price growth in the 2021 calendar year while forty (40) or more non-capital city locations will crack 20 percent capital growth over this 12-month block according to Propertyology’s Simon Pressley. Pressley says the history books will show that an Australian property boom commenced in Q3 2019 and,…
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Video of the Week – ‘Home Alone?’
Collings Real Estate’s Stefan Perera listed 1/197 Separation Street, Northcote in Victoria for sale this week, launching the property campaign with a Home Alone themed house tour just in time for Christmas. The inspiration was iconic Christmas movie(s) Home Alone, which they felt would do well to show off the three-bedroom home at Christmas time, allowing potential buyers to envision…
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Auction results indicate a race to the 2020 finish line
The final weekend of property auctions for 2020 proved there is still impetus and interest in the market, with this weekend's high volume matched by an equally impressive preliminary clearance rate. With the Christmas break now under way, Domain is the only source providing auction results. They have reported…
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Best of the Best Report shows 2020’s biggest property market winners
CoreLogic’s Best of the Best 2020 Report reveals Australia’s $7.2 trillion residential real estate market proved remarkably resilient.
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Auction activity shows no sign of a Christmas slump
Auction activity ramped up this week with CoreLogic reporting 2537 homes were taken to auction across the combined capital cities.
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RE/MAX financial services brand expands directorship
Pivotal Financial, the RE/MAX aligned financial services group, this week announced the appointment of Matthew Andrews to the Board of Directors.
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Real estate viewed more positively after the events of 2020
Real estate agents have improved their net score when it comes to how people perceive their conduct, with the industry jumping 21 per cent in the ethics index over the past year.
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Housing affordability sentiment at an all-time high
Experts have never felt better about housing affordability around the country, with signs that first home buyers may finally get a foothold into real estate.
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Return to CBDs should be a New Year resolution
Office occupancy in major CBDs is still well below pre-COVID pandemic levels, and most building owners or managers do not expect to see an increase in CBD office occupancy for three months or longer.
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