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National

The Economy

Housing finance on a COVID rollercoaster ride

Value of new loan commitments for housing has rebounded, according to Adrian Kelly, REIA president.

Western Australia (WA)Perth

The Economy

68 per cent increase in Perth sales activity since COVID-19 low

Sales activity in the Perth metro region increased in July, according to REIWA president Damian Collins up 68 per cent compared to April across both dwellings and land sales.

Queensland (Qld)Brisbane

The Economy

Featured Property

New Owner for Famous Skate Bowl Home

It's not every day a home with a skate bowl in its living room finds new owners. Drew Davies of Place has just sold 32 Joynt Street, Hamilton with that particular facility.

South Australia (SA)

The Economy

South Australia's house prices remain stable

Brett Roenfeldt, president REISA said volumes of sales have dropped but the median price remains stable.

New South Wales (NSW)Sydney

People

Century 21 opens new office in Burwood, NSW

Directors Eugene Ganke, Jada Vi, Betty Lu, and Ricky Kong have opened an agency in Sydney’s inner west in Burwood under the popular Century 21 brand.

National

People

Negotiating soft benefits in place of salary increases

Elisiva Caesar of Iconic Recruit outlines the realities of the effects of COVID-19 on real estate and property salary benchmarking for 2020/2021.

New South Wales (NSW)

Featured Property

REAL Specialists: Family home in Salt Village

A family home, a holiday let or a permanent investment rental for sale in Kingscliff. The choice is yours says Shaun Cardillo of REAL Specialists.

National

The Economy

Properties sell across the demographic: Market Wrap

Properties sold across price ranges and across demographics, say Brett Greensill of McGrath Estate Agents, Patrick McKinnon of Place and Brad Gillespie of The Agency.

National

The Economy

Third month of decline in Australian house prices

Australian housing values continue to drift lower, according to CoreLogic, falling 0.6 per cent in July.

National

People

John McGrath – How stimulus is keeping property prices stable

John McGrath of McGrath Estate Agents lists the stimulus programs that are keeping our property prices afloat.

Pages

News Roundup

http://thenewdaily.com.au/money/property/2017/04/26/inflation-misses-housing-crisis/?utm_source=Responsys&utm_medium=email&utm_campaign=20170427_TND

Inflation number misses the housing crisis

Almost nothing is to be seen of Australia’s housing crisis in the latest inflation figures.

The New Daily

http://www.architectureanddesign.com.au/news/world-s-first-rope-free-elevator-wins-thyssenkrupp?utm_source=Newsletter%20Lists&utm_campaign=b443b9feb9-Architecture%2520and%2520Design%2520Newsletter%2520-%2520201&utm_medium=email&utm_term=0_3aac924711-b443b9feb9-100081773

World’s first rope-free elevator wins Gold for thyssenkrupp at Edison Awards

A new thyssenkrupp elevator has taken home the Transportation and Logistics Gold award at the recent 2017 Edison Awards in New York.

Architecture and Design

https://www.domain.com.au/news/more-rent-bidding-apps-to-launch-in-australia-as-rental-revolution-looms-20170427-gvslpc/

More ‘rent bidding’ apps to launch in Australia as rental revolution looms

Online rental marketplaces, where tenants go head-to-head with offers for properties, are becoming an inevitable reality for Australian renters, with the upcoming launch of two Aussie-specific apps: Live Offer and Rentwolf.

Domain

http://www.afr.com/real-estate/mirvacs-apartment-sales-activity-rises-18pc-overweight-in-sydney-melbourne-20170426-gvtczt

Mirvac's apartment sales rise 18%

The rate of defaulting apartment buyers at listed group Mirvac remains below 2% as strong market conditions continue to underpin the company's performance.

The Australian Financial Review

https://www.dezeen.com/2017/04/25/overseas-investors-london-housing-market-crisis-faulty-towers-report-property-transparency-international-uk/?utm_medium=email&utm_campaign=Daily%20Dezeen%20Digest&utm_content=Daily%20Dezeen%20Digest%20CID_27cccd7ad86cd7c113ed3cd1b375e557&utm_source=Dezeen%20Mail&utm_term=More

Overseas investors are exacerbating London's housing crisis

Foreign investors are using illicit wealth to buy up property in luxury developments in London, out-pricing locals, says an anti-corruption report by anti-corruption group Transparency International.

Dezeen

http://www.abc.net.au/news/2017-04-26/perth-housing-slump-a-lesson-for-sydney-and-melbourne/8473174

Perth's housing slump 'a lesson for Sydney and Melbourne'

Financial counsellors in Western Australia are in demand from a new client base — people who were earning high incomes during the mining boom but now are struggling to pay their mortgages.

The ABC

https://www.domain.com.au/news/key-dates-loom-for-famous-perth-properties-left-on-the-shelf-waiting-for-buyers-20170426-gvrrye/

Famous Perth properties left on the shelf waiting for buyers

Properties in Perth’s most sought-after suburbs that have been on the market for months or even years may finally be snapped up as the local market shows signs of stabilisation.

Domain

http://www.theaustralian.com.au/business/property/apartment-prices-slide-in-middlering-melbourne-brisbane-suburbs/news-story/46f482f0223d143bd382a3f1163254c5

Apartment prices slide in middle-ring Melbourne, Brisbane suburbs

Older-style units in suburban areas are falling out of favour with local investors worried about limited prospects for capital growth, and restrictions on transferring funds out of China are also having an effect.

The Australian Financial Review