Auction volumes rebound from long weekend lull - CoreLogic
Led by a rise in Melbourne, auction activity across the combined capitals is set to more than double this week, with 2,553 homes scheduled to go under the hammer.
Professionals raise more than $4m to end breast cancer
Professionals real estate offices across Australia will turn pink in October to mark Breast Cancer Awareness Month, a cause close to the hearts of the entire network that has raised more than $4.2 million for research.
Vacancy rates reach new record lows despite rental growth easing - CoreLogic
Despite worsening affordability easing the pace of rental growth in Australia, rental availability tightened in September, with vacancy rates falling to new record lows across the country.
REIA welcomes an ‘action not talk’ approach for energy by crossbench
The Real Estate Institute of Australia (REIA) has welcomed the calls by Independent for Wentworth, Ms Allegra Spender MP, to introduce an instant tax write off for family investors to implement energy upgrades in rental properties.
Performing on stage to outperforming in the market: The Geelong Agency launches, powered by UrbanX
Like many ambitious entrepreneurial agents, Nathan Brown embarked on his real estate career within a prominent "big brand." However, it didn't take long for him to recognise his potential for something greater, all with the support of UrbanX.
New owner-occupiers make a return but concerns remain - REIA
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves welcomed the return of home buyers but said that whilst the latest new owner occupier loan commitments for housing has grown, it remains worryingly low for future trends.
The Agency's CEO Geoff Lucas said today’s interest rate decision came largely as expected, and will be welcomed by borrowers, recent data suggests there are increasing forces pointing to another increase before any cuts to rates.
The RBA kept the cash rate on hold at 4.1% for the fourth successive month in October, citing ‘a more sustainable balance between supply and demand in the economy’, but also ongoing concerns about inflationary pressures and a heightened level of uncertainty surrounding the economic outlook. ...
“The number of loans issued for the construction or purchase of new homes are at their lowest level since the Global Financial Crisis in 2008,” stated HIA Senior Economist Tom Devitt.
Home Value Index up 0.8% in September as demand/supply imbalance continues to push values higher - CoreLogic
Utilising a fresh model upgrade, CoreLogic’s national Home Value Index (HVI) recorded a 0.8% rise in September as the recovery trend moved through an eighth consecutive month of growth.