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New housing loan commitments starting to wane - REIA

Real Estate Institute of Australia (REIA) President, Mr Adrian Kelly said the latest ABS figures show that while Australia’s property market remains strong, it is starting to settle down as economic concerns about lockdowns impact on economic sentiment.

Queensland (Qld)Brisbane

People

Joseph Leong joins The Agency Queensland

The Agency is pleased to welcome leading agent Joseph Leong to the growing Queensland team. Joseph told WILLIAMS MEDIA, “Andrew Jensen and David Price have built a platform in Queensland that I really admire and their track record speaks for itself.”

Western Australia (WA)Perth

The Economy

Perth Market Snapshot for the week ending 1 August 2021 - REIWA

Sales activity increased seven per cent in Perth last week, with REIWA members reporting 947 transactions.

Western Australia (WA)Perth

People

WA real estate agents raise $1 million to help fight homelessness - REIWA

REIWA President Damian Collins said this was an incredible achievement and showed the care the WA real estate community had for those doing it tough on our streets.

Victoria (Vic.)Melbourne

People

McGrath appoints Marguerite Foxall to spearhead Victorian expansion as State Manager

McGrath Estate Agents, today announced Marguerite Foxall has joined the group as State Manager for Victoria.

National New South Wales (NSW)Sydney

The Economy

John McGrath – COVID-19 raises property values & how lockdowns impact the market

COVID-19 has directly raised property prices across the country and the impact of lockdowns on the market is relatively small.

New South Wales (NSW)Sydney

Design

Cbus Property present The Langston Penthouse

CBRE Residential Projects are marketing the penthouse in The Langston for sale. Adrian Pozzo, Cbus Property Chief Executive Officer told WILLIAMS MEDIA, “a similar property is unlikely to become available in Epping for some time.”

New South Wales (NSW)Sydney

Featured Property

Historic and spacious Victorian residence within Kirribilli precinct - The Agency

Walking distance from North Sydney and Sydney CBDs, this three level home delivers spacious family living with lush botanical surrounds. For sale by Dino Gatti and Adrian Garcia of The Agency.

New South Wales (NSW)Sydney

Featured Property

Art deco Killara home designed by Walter Burley Griffin on approx. 2,308sqm - The Agency

For sale by Jason Roach of The Agency who told WILLIAMS MEDIA, “The buyer has the unique opportunity to put their own touch on the Art Deco home.”

Victoria (Vic.)Melbourne

People

Get to know Adam Cashmore of Kay & Burton Armadale

Adam is excited to be a part of Kay & Burton’s team of respected agents and to service the needs of clients in some of Melbourne’s most prestigious suburbs.

Pages

News Roundup

http://www.afr.com/business/westfields-frank-lowy-the-master-of-timing-goes-out-with-bang-20171212-h03ega?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29108472&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/business/westfields-frank-lowy-the-master-of-timing-goes-out-with-bang-20171212-h03ega%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-12-13&Day_Sent=13122017

Westfield's Frank Lowy, the master of timing, goes out with bang

On Friday, Frank Lowy was at Windsor Castle receiving his knighthood from Queen Elizabeth II. Four days later, he was in London announcing the end of Westfield as we know it, having created and closed a top 20 ASX-listed company in one generation and walking away with billions.

The Australian Financial Review

http://www.afr.com/real-estate/residential/vic/melbourne-land-prices-surge-65pc-in-a-month-20171211-h02i6d

Melbourne land prices surge 6.5% in a month

The cost of buying a 434sqm plot of dirt to build a new house in Melbourne's outer suburbs surged 6.5% in November, hitting a new median price of $318,500.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11761-significant-concern-that-banks-misled-mortgage-customers?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin12_12_17&utm_medium=email&utm_content=1

‘Significant concern’ that banks misled mortgage customers

A parliamentary committee fears consumers were led to believe banks lifted interest-only rates only to meet regulatory requirements.

Mortgage Business

http://www.afr.com/real-estate/sydney-apartments-post-biggest-drop-in-value-in-six-years-in-september-quarter-abs-20171212-h030bo

Sydney apartments post biggest drop in value in six years: ABS

Sydney apartments, townhouses and semi-detached homes fell 1.4% in value in the September quarter.

The Australian Financial Review

https://www.architecturaldigest.com/story/meryl-streep-priest-steven-spielberg-home-exorcism?mbid=nl_102017AM_Weekly&spMailingID=12534995&spUserID=MjM4ODc1NTYxNTY2S0&spJobID=1300936617&spReportId=MTMwMDkzNjYxNwS2

Meryl Streep Once Recommended a Priest to Exorcise Steven Spielberg's Home

If your house is overrun with unwanted spirits, it turns out that the best person to call is not, in fact, the Ghostbusters, but Meryl Streep.

Architectural Digest

http://www.afr.com/business/banking-and-finance/regulators-ask-lenders-to-reveal-how-lending-crackdown-has-impacted-new-business-20171208-h019c9

Regulators ask lenders to reveal how crackdown has impacted new business

The nation's financial regulators are quizzing lenders about the impact of recent rule changes.

The Australian Financial Review

http://www.afr.com/real-estate/residential/no-apartment-oversupply-in-parramatta-as-market-adjusts-deloitte-20171207-h00e17

No apartment oversupply in Parramatta as market adjusts

Developers are expected to abandon or postpone some residential projects in Parramatta as housing conditions cool in Sydney's second CBD.

The Australian Financial Review

https://www.smartpropertyinvestment.com.au/tax-and-legal/17295-first-home-super-saver-scheme-and-downsizing-incentives-pass-both-houses?utm_source=SmartPropertyInvestment&utm_campaign=11_12_17&utm_medium=email&utm_content=1

First Home Super Saver Scheme and downsizing incentives pass both houses

Bills on downsizing incentives and the ability for first home buyers to use superannuation to put money down on a new home have slipped through with only a few amendments.

Smart Property Investment