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Welcome home: FHLDS helps 1 in 7 first time buyers get foot in the door
The Real Estate Institute of Australia (REIA) has welcomed the National Housing Finance and Investment Corporation’s Trends and Insights Report on the First Home Loan Deposit Scheme (the Scheme) released today (3 November 2022).
Perth's top 10 suburbs for first home buyers - REIWA
Recent REIWA data shows getting a foot on the property ladder is still achievable for Perth first home buyers, with more than 500 houses available throughout the metropolitan area for $400k or under.
Craig Pontey and Michael Finger join McGrath as the company targets Sydney’s harbourside
John McGrath, Managing Director and CEO of McGrath said: “Craig and Michael are among the very best real estate leaders in the country, so I’m absolutely delighted that they are joining our team. When it comes to real estate experts in Sydney’s Eastern Suburbs harbourside markets, I believe they’re a team with few peers. Craig Pontey and Michael Finger will spearhead the company’s growth and expansion in Sydney’s harbourside.
UrbanX’s reputation as a market leader leads to another brand launch: Introducing Pery Morrin Property
With the help of UrbanX, elite agents Steve Pery and Toby Morrin have launched Pery Morrin Property to bring a people-focused approach to property transactions on the Sunshine Coast.
Loan commitments plummet for fourth month in a row - REIA
The Real Estate Institute of Australia (REIA) President, Mr Hayden Groves said the latest lending figures released by the Australian Bureau of Statistics (ABS) show the total value of new loan commitments for housing fell yet again recording a decrease of 8.2 per cent in September 2022.
Featured Property
Brand new Nicholas Murray designed Sorrento home for sale - RT Edgar
28 Canterbury Street Sorrento for sale by Clayton Smith, Mark Purves and Alex Dimsey of RT Edgar Mornington Peninsula is an idyllic coastal retreat.
Luke Need partners with UrbanX to take over the Townsville market
Need Property, founded by respected local Townsville agent Luke Need, has officially entered the market with streamlined, premium service and client support, with UrbanX as the perfect partner to support his business.
Cup day rate rise: Punts on for the beginning of the end - REIA
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves said REIA believes the latest interest rate rise to 2.85% should signal the end of further hikes, at least in the near future.
Mortgage rates close to the upper end of APRA’s mortgage serviceability buffer
Citing ongoing concerns about inflationary conditions, and the potential for tight labour markets to fuel further domestic inflation, the RBA continued along its less aggressive path of rate hikes in November, lifting the cash rate a further 25 basis points to 2.85%.
Six months of falls for Australia’s residential property market - CoreLogic
The geographic scope of Australia’s housing downturn broadened through October with every capital city and rest-of-state region (apart from regional South Australia) recording a drop in housing values last month.
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