With the market changing quickly, agents need to focus on how they can protect themselves and put plans in place to make it through this challenging period.
REIQ CEO Antonia Mercorella said this year’s budget had missed a valuable opportunity to implement key reforms and bring forward creative solutions to assist Queenslanders towards home ownership.
Pain & Gain shows number of profitable property resales takes first dip in 18 months - CoreLogic
The rate of profit-making sales across the Australian property market has fallen for the first time since August 2020, providing yet another sign that there’s been a turning point in housing conditions.
Replace stamp duty now and implement overdue reforms to benefit the entire market - LJ Hooker Group
Moves to scrap stamp duty and replace it with a new land tax are important first steps to improving property affordability but more reforms are needed, according to LJ Hooker Group’s Head of Research, Mathew Tiller.
House prices increase, other dwellings take a hit and rents keep rising - REIA
Australian housing prices continued to rise but other dwellings recorded falls over the March quarter, Real Estate Institute of Australia’s (REIA) latest Real Estate Market Facts report has found.