Where are property sellers happiest?
National research by RateMyAgent has revealed that national vendor sale price happiness increased by 4 per cent from Q2 to Q3 2020. Where are sellers most satisfied?
HOTSPOTS • Tue, 24 Nov 2020
Capital city auction volumes surpass April high
The most recent week, ending 22 November, recorded a 70.3 per cent clearance rate from a total of 1,791 auctions held – the highest number of auctions held since the week ...
Property hotspots for young Aussies revealed
New research from Westpac revealed that the number of first home buyers looking to enter the market has more than doubled since 2019, proving that COVID-19 continues to ...
INVESTOR STRATEGY • Tue, 24 Nov 2020
REIA seeks amendment to current foreign investment fees
The Real Estate Institute of Australia is seeking a new foreign investment fee structure for the residential property sector.
HOTSPOTS • Mon, 23 Nov 2020
Vic homes record lowest time on market in 11 years
Despite being severely impacted by the COVID-19 pandemic, Victoria proved its resilience as homes get sold quicker in recent years.
Are Aussies up for another credit tightening?
Housing debt comprises most of the debt held by households, putting home owners at risk as debt levels reach a 30-year high. Could this trigger another round of credit ...
Melbourne to see busiest auction week since June
Weekly auction volumes are set to rise across the combined capital cities, higher than last week’s volume and the highest level reached since April, according to ...
HOTSPOTS • Fri, 20 Nov 2020
Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said.
Perth’s vacancy rate now close to 40-year low
Residential residency rate across Perth slightly declined in October as investor finance demand reached low levels across the state, the Real Estate Institute of Western ...
HOTSPOTS • Thu, 19 Nov 2020