The Quarterly by BresicWhitney: Sydney properties no longer selling at a discount
It’s possible the Sydney property market is nearing the end of its current cycle, with new data from BresicWhitney revealing significantly improved fundamentals for the first quarter of 2023 (Q123) compared to the prior three months (Q422).
Tax reform needed to address housing affordability - HIA
Addressing the way the industry and home buyers are taxed is key to bringing the problem of housing affordability under control,” said Jocelyn Martin, HIA Deputy Managing Director – Policy and Industry.
Which suburbs are leading the market bounce-back? - CoreLogic
In the past few weeks, several data sets have pointed to stronger demand for housing, as advertised supply remains low.
REIQ says overriding rental agreement terms is absurd
The Real Estate Institute of Queensland (REIQ) is calling out a questionable and concerning move by the State Government to treat rent control separately to stage two rental reforms, without the transparent legislative process that is reasonably expected.
A unique approach to a specific niche. Find out why this agent is going out on her own (but not by herself)
After over three decades of local real estate experience in the Forster - Tuncurry region Vicki Bidner was ready to build an agency her of her own, and after talking with industry peers, she chose UrbanX as a partner for the journey ahead.
Queensland is still worlds away from a healthy rental market - REIQ
Obscenely tight rental conditions continue in Queensland according to the latest Residential Vacancy Rate Report released by the Real Estate Institute of Queensland (REIQ).
When will house prices be back to peak?
We’re now consistently seeing house price growth across every Australian capital city. Like every downturn, we’ve seen prices fall far less than what’s generally predicted. Housing markets almost always surprise with strength on the upside and see far less robust declines when the market turns, says Nerida Conisbee, Ray White Chief Economist.
Growth in Australian construction costs finally show signs of easing - CoreLogic
After two years of unabated increases in the price to build a new home or renovation, there are signs pressures on construction costs are easing despite lingering labour shortages and volatility among timber, metal and petrol prices.
Frank Lloyd Wright-inspired Teneriffe sold for suburb record $6m - Place
281 Kent Street Teneriffe sold by Heath Williams of Place New Farm smashed the Teneriffe suburb record for a sub 400sqm non riverfront block.
House prices settle across Victoria - REIV
Andrew Meehan REIV President noted that the property market is still stabilising after the price boom the pandemic instigated, and while there’s still uncertainty around the future impact of interest rate rises in the market, there is positive activity.