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National dwelling values fell -1.0% in November, the smallest monthly decline since June - CoreLogic
CoreLogic’s national Home Value Index (HVI) moved through a seventh month of decline in November, down -1.0% over the month to be -7.0%, or approximately -$53,400, below the peak value recorded in April 2022. The decline comes after national housing values surged 28.6% higher through the recent upswing, adding roughly $170,700 to the value of the average dwelling.
Featured Property
Private Southern Highlands lifestyle estate for sale on 105 acres - Cullen Royle
371 Golden Vale Road Sutton Forest for sale by Richard Royle and Deborah Cullen of Cullen Royle provides an opportunity to create your own private getaway in the Southern Highlands.
CPI says it’s time to ease up on interest rate increases - REIA
“The latest monthly data shows a decline from the September quarter which recorded an annual rate of 7.3%. The current rate is below the Budget forecast of 7.75% and the RBA’s forecast of 8.0%,“ said REIA President, Hayden Groves.
REINSW announce the 2022-2023 REINSW Board of Directors
The new board of Directors announced following a ballot at the REINSW AGM held last week.
Kay & Burton sets industry benchmark with relocation to world-class Toorak headquarters
Kay & Burton will relocate to a state-of-the-art Toorak headquarters within Vicland's St Germain development early 2023
McGrath South Yarra expands with Hayden Melbourne to spearhead growth.
McGrath South Yarra today announced plans to expand through Melbourne’s Inner East as it joins forces with Hayden Melbourne, an agency with a near 100-year legacy in Victoria.
Daniel Coulson to become the CEO of Ray White New Zealand
Current CEO Carey Smith will transition to his new role as Executive Chairman. This new role will enable Carey to provide further mentorship, trust and advice.
What's been the best investment long term?
Although people buying and selling property quickly have done well through the pandemic, holding property long- term is always the best strategy to build wealth. But how does property compare to other asset classes? Nerida Conisbee, Ray White Chief Economist.
Prestige agency Queensland Sotheby’s International Realty adds Noosa to its lifestyle locations
Prestige agency Queensland Sotheby’s International Realty enters the Noosa luxury property market. Encouraged by the buoyancy of Sotheby's luxury real estate sales, Queensland Sotheby's CEO Paul Arthur, said the Noosa office grows his network to six prestige offices located in some of the most desirable Queensland luxury lifestyle destinations, including Gold Coast, Brisbane (2 offices), Port Douglas, Whitsundays, and now Noosa.
West is best: WA remains affordability capital over past 20 years for buyers
Perth remains Australia’s most affordable capital city according to the Real Estate Institute of Australia’s (REIA) latest report, “Real Estate Market Facts: A 20-year report 2002-2022”.
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