John McGrath – First home buyers are in the market despite peak interest rates
The latest lending figures from the Australian Bureau of Statistics show the number of loans written for first home buyers rose by 20.3% in seasonally adjusted terms over the 12 months to November 2023. A total of 10,395 first home loans were written that month, worth $5.25 billion.
John McGrath – Where did prices rise the most in 2023?
Affordable suburbs with median house prices below $500,000 dominated the best areas for price growth across Australia last year says, John McGrath, Chief Executive Officer of McGrath Estate Agents.
I’d like to wish everyone a happy new year and offer some insights as to what may happen in the property market in 2024, John McGrath, Chief Executive Officer of McGrath Estate Agents.
Slaying of the inflation dragon as CPI index trends down to 4.3% - REIA
Real Estate Institute of Australia (REIA) President, Leanne Pilkington said the November figure continues the downward trend in inflation - 5.4% in the September quarter, 6% in June quarter and well down on peak of 8.4% in December 2022. “The thirteen rate hikes by the RBA since May 2022 are...
CoreLogic’s national Home Value Index (HVI) rose 8.1% in 2023, a significant turnaround from the -4.9% drop seen in 2022, but well below the 24.5% surge recorded in 2021.
In the intricate dance of life and career, the saying "you are the sum of the 5 closest people around" rings truer than ever, says Adrian Bo, MBA CEO, Adrian Bo Real Estate Training & Auctions.
REIA achieves historic milestone with all-female leadership team and new president Leanne Pilkington
Real Estate Institute of Australia (REIA) has announced Leanne Pilkington, REIA President, while Hannah Gill, takes on the position of REIA Deputy President.