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Interest rates on hold, but downside risks remain for the housing sector - CoreLogic
The RBA held the cash rate at 4.1%, but kept the door open for a rate hike in August, citing ongoing concerns around the trajectory of inflation amid tight labour markets and uncertainty relating to the household sector
Interest rate commentary by Geoff Lucas
The Agency Managing Director and CEO Geoff Lucas said he had anticipated two interest rate rises over the next three months.
Ray White opens its doors in Sunshine - Ray White
Luc and Marcus are names that are synonymous with residential real estate in Sunshine and the surrounding suburbs. Combined, the personal brands of Luc and Marcus and the innovative capability of Ray White has brought a fresh choice and a new approach to the dynamic property market of Melbourne’s west.
The pipeline of new home building continues to fall
“The number of new homes commencing construction is set to continue to decline, with record low levels of lending for new home building projects so far this year,” stated HIA Chief Economist, Tim Reardon.
Pet-friendly properties on the rise - Ray White
According to William Clark, Ray White Data Analyst, the more a state favoured the landlords’ right to refuse pets from the property, the more frequently other landlords would express the opposite sentiment and advertise a pet-friendly property.
New leadership, new location for Belle Property Surry Hills
Belle Property, announced that two of its leading inner Sydney agents, Ted Pye and James Perlowski, will become the new Co-Principals at Belle Property Surry Hills as the office relocates to a new site in Foveaux Street.
Rate rises bite lenders - REIA
The Real Estate Institute of Australia (REIA) President, Hayden Groves said the ABS Lending figures for May 2023 demonstrates that interest rate rises are hurting owner occupiers, investors, and first-time buyers with many seeking to refinance.
The global failure of rent controls: A tale of international cities
Whatever the future of ‘build to rent’, in the battle for affordable housing, Australia's policymakers need to refocus on supply-side solutions. Rent control, is simply not the panacea it appears to be. By Stewart Bunn, Chief Communications Officer of First National Real Estate.
Combined capitals preliminary clearance rate falls, but holds slightly above 70% - CoreLogic
According to Duane Kaak, Research Analyst, CoreLogic, the combined capitals recorded the lowest preliminary clearance rate since the week ending 30 April 2023 (69.2%).
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