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Industry body warns housing finance figures are on a "slippery slope"

The Real Estate Institute of Australia (REIA) says the October housing finance figures released by the Australian Bureau of Statistics (ABS) show the number of housing loans is diving.

Queensland (Qld)

People

McGrath appoints Justin Marsden as Queensland State Manager to lead growth

Justin Marsden will also oversee McGrath Estate Agents' northern New South Wales footprint.

South Australia (SA)

Featured Property

Andricant: rural splendour by the ocean

Set on a large parcel of approx. 320,100sqm, this property boasts two residences, cattle grazing pasture and stunning ocean panoramas. For sale by Sarah Jaensch of Toop & Toop Stirling.

National

The Economy

As loan squeeze takes toll on clearance rates, experts call for six-week auction campaigns

SQM Research Louis Christopher is calling for the typical four-week sales campaign to be extended, as the tightening loan approvals process takes its toll on clearance rates.

Victoria (Vic.)Melbourne

People

Get to know former male model turned real estate agent, David Sciola

After spending several years working and travelling abroad in fashion and hospitality, David Sciola moved back to Melbourne to commence his real estate career as a sales consultant at Jellis Craig Armadale.

National

People

LJ Hooker strengthens recruitment team with Cooley appointment

LJ Hooker has appointed former Cooley Auctions auctioneer Toby Llewellyn to its network development team, bringing a background in real estate and technology to the recruitment division.

New South Wales (NSW)

Featured Property

Relaxed family acreage on NSW Central Coast

Set on approx. 5 acres, this 5-bedroom home is nestled in tranquil bushland, yet moments from beaches, shops and schools. For sale by Tim Andrews and Kieran Easton of LJ Hooker Terrigal.

Western Australia (WA)

The Economy

Western Australia most affordable housing market in the country, report reveals

Western Australia is the most affordable state in Australia for housing, the Adelaide Bank/REIA Housing Affordability Report has revealed.

Queensland (Qld)

The Economy

Expressions of interest for approved McDowall townhouse development site

Expressions of interest are being sought for the sale of a substantial development site that is approved for townhouses in the established north-west Brisbane suburb of McDowall by Ray White Special Projects Queensland.

New South Wales (NSW)Sydney

People

Get to know William Manning of McGrath Edgecliff

Sales agent at McGrath Edgecliff, William Manning was inspired to work in the industry by his mum.

Pages

News Roundup

http://www.afr.com/real-estate/sydney-property-is-nothing-like-the-big-short-in-charts-20160224-gn2cde

Sydney property is nothing like The Big Short

There is a huge difference between real estate in outer Sydney in 2016 and Florida in 2007.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/land-banking-schemes-scrutinised-by-senate-inquiry/news-story/3fb3bc6da2b8625c5639e36156045455

Land banking schemes scrutinised by Senate inquiry

The Commonwealth should assume responsibility for overseeing property investment advice, explicitly requiring anyone who provides it to hold a financial services license, according to a bipartisan Senate inquiry into land banking.

The Australian

http://www.cnbc.com/2016/02/22/a-co-op-that-delivers-on-the-american-dream.html

A co-op that delivers on the American dream

An American employer is offering employees a five-year plan to home ownership.

CNBC

http://www.nytimes.com/2016/02/23/world/asia/china-weird-architecture.html?_r=0

China Moves to Halt 'Weird' Architecture

China is home to at least 10 White Houses, three Arcs de Triomphe and one Eiffel Tower. But 2016 might signal the end for China’s more grandiose architecture.

The New York Times

http://www.afr.com/real-estate/mcgrath-limited-shares-tumble-on-housing-bubble-fears-20160223-gn20ci

Housing bubble fears drive McGrath shares to fresh low

Fears of a massive housing bubble building in Australia sent McGrath shares into a nosedive on Wednesday, despite the real estate group saying it had met all its prospectus forecasts in its first interim results since floating in December.

The Australian Financial Review

http://www.afr.com/news/economy/employment/uncovering-the-big-aussie-short-20160223-gn130w

Uncovering the big Aussie short

A hedge-fund manager and an economist posed as a gay couple on a combined income of $125,000 and toured Sydney's western suburbs viewing housing developments and meeting mortgage brokers to determine if there's a housing bubble.

The Australian Financial Review

http://www.smh.com.au/business/property/white-bay-power-station-enters-new-development-phase-20160223-gn1jyy.html

White Bay Power Station enters new development phase

Submissions for first stage of development of the White Bay Power Station site close on Thursday. The NSW government has called for adaptive re-use of the former power station, and the development and activation of its forecourt, which extends to the water's edge.

The Sydney Morning Herald

http://www.architectureanddesign.com.au/features/product-in-focus/cross-laminated-timber-construction-in-australia-d?mid=eb029d4170&utm_source=Cirrus%20Media%20Newsletters&utm_campaign=08777059f1-Architecture%20and%20Design%20Newsletter%20-%20201&utm_medium=email&utm_term=0_fe913f1856-08777059f1-60578053

The time is now for CLT

Cross-laminated timber will be a major player in sustainable, mid-rise construction in the future.

Architecture and Design