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REISA Awards for Excellence now open

The Real Estate Institute of South Australia is delighted to announce that applications for its 2021 REISA Awards for Excellence are now open. This year we are focussing on the competencies to drive professionalism in the industry, said REISA CEO Barry Money.

National

The Economy

REIA’s real estate market facts show housing prices blew out by almost 20%

REIA President, Adrian Kelly said that over the June quarter, the weighted average capital city median price increased by 4.4% for houses to record $913,946 and by 2.9% for other dwellings reaching $632,889.

Queensland (Qld)

People

Rising star takes the reigns First National Warwick

She is only 26, but Tori DeMamiel is already one of First National Real Estate’s rising stars, having established a cracking career trajectory that has seen her advance from real estate trainee to business owner in just four short years.

Queensland (Qld)Gold Coast

Featured Property

Gold Coast apartment for sale in the heart of Surfers Paradise - REAL Specialists

This apartment is situated in the Anchor Down complex with its own private beach and resort facilities. For sale by Benjamin Brock of REAL Specialists.

National

People

With Movinghub's app, it’s as simple as snap!

As increasing amounts of real estate enquiries, transactions, and browsing are done on mobile devices, Movinghub's Partner App allows property managers to get daily tasks done on the go.

Western Australia (WA)Perth

The Economy

West Aussies encouraged to ‘Look West’ in new reiwa.com campaign

REIWA CEO Neville Pozzi said the campaign was a reintroduction of reiwa.com, the Institute’s online real estate portal, into the WA market.

National

The Economy

Preliminary auction clearance rate of 72.3 per cent across combined capital cities - CoreLogic

There were 1,591 homes taken to auction across the combined capital cities this week, up from 1,423 over the previous week and 816 this time last year.

National

The Economy

John McGrath – Things to consider when buying in a boom

Every buyer in the market today knows they’re buying in boom conditions says John McGrath founder and executive director of McGrath Estate Agents.

Queensland (Qld)Brisbane

Featured Property

Dutton Park home for sale on Brisbane River - Place New Farm

The Brisbane riverfront home for sale by Judy Goodger of Place New Farm delivers riverfront living within the Gabba precinct.

New South Wales (NSW)Sydney

Featured Property

Modern Randwick home for sale by The Agency

Effortless indoor and outdoor living in Randwick for sale by Peter Perry and Ben Collier of The Agency, who told WILLIAMS MEDIA, “This is the perfect family entertainer.”

Pages

News Roundup

http://www.afr.com/real-estate/interestonly-property-investor-cash-flow-crunch-sparks-fears-of-fire-sales-20180212-h0vyli

Interest-only property investor cash flow crunch sparks fears of fire sales

Interest-only property investors seeking to switch their loan to principal and interest may be forced to sell because of lenders' tough new serviceability requirements.

The Australian Financial Review

https://www.theaustralian.com.au/business/property/hobart-melbourne-homes-the-fastest-to-find-buyers/news-story/a755dfd5cd5185d410ddc5978fcbce96

Hobart, Melbourne homes the fastest to find buyers

Buyers have been snapping up homes in Hobart’s hot property market, where properties are typically selling within 33 days.

The Australian

https://www.commercialrealestate.com.au/news/the-property-sectors-you-werent-expecting-to-go-gangbusters-this-year/

The unlikely property sectors that are tipped to go gangbusters this year

For investors chasing yield growth, 2018 is the year to start looking at emerging property sectors.

Commercial Real Estate

http://www.smh.com.au/national/catholic-church-s-massive-wealth-revealed-20180209-p4yzus.html

Catholic Church's massive wealth revealed

The Catholic Church in Australia is one of the country’s biggest non-government property owners.

The Sydney Morning Herald

https://www.businessinsider.com.au/australia-house-prices-capital-cities-2018-2

Annual house price growth in Sydney is now falling in real terms

Prices in Australia’s largest and most expensive housing market fell by a further 0.2% last week, says CoreLogic, extending the losses for the month to 1%.

Business Insider

http://www.radioaustralia.net.au/international/2018-02-10/architecture-was-meant-to-solve-the-housing-crisis-instead-it-betrayed-us/1735196

Architecture was meant to solve the housing crisis, instead it betrayed us

Once driven by social responsibility and the dream of affordable housing for all, architects now favour profits over people, architectural theorist Reinier de Graaf says.

Radio Australia

https://www.architecturaldigest.com/story/pantone-there-was-werners-nomenclature-of-colours?mbid=nl_102017PM_Weekly&spMailingID=12911397&spUserID=MjM4ODc1NTYxNTY2S0&spJobID=1340941058&spReportId=MTM0MDk0MTA1OAS2

Before Pantone There Was 'Werner’s Nomenclature of Colours'

Charles Darwin diligently consulted his copy while aboard the Beagle and used color names supplied by 'Werner's Nomenclature'.

Architectural Digest

http://www.afr.com/personal-finance/property-slump-could-push-the-economy-into-recession-top-economists-warn-20180206-h0uumi

Property slump could push the economy into recession, economists warn

Falling property prices in Sydney and Melbourne could cause the nation's wealthiest consumers to cut back sharply on spending.

The Australian Financial Review