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CoreLogic Home Value Index records first national fall since September 2020, as declines accelerate across Sydney and Melbourne in May
CoreLogic’s Research Director Tim Lawless said despite the 0.5% rise in housing values across Australia’s combined regional areas, it was not enough to keep the national index in positive monthly territory
REIA Welcomes New Cabinet, time to get to work on Housing Plan
The Real Estate Institute of Australia (REIA) has today welcomed Australia’s new look Cabinet and congratulates the new Minister for Housing, Homelessness and Small Business the Hon Julie Collins MP.
Perth outperforming Sydney and Melbourne for price growth in 2022 - REIWA
REIWA President Damian Collins outlines how the Perth residential property market performed in May
Builders to remain busy into 2023 - HIA
New home building and renovation booms will keep Australia's already stretched home builders busy until at least June 2023 states HIA Economist Tom Devitt.
Featured Property
REAL Specialists sold Coolangatta family home for over $2.3m
45 Binya Avenue Coolangatta sold by Brent Hodge of REAL Specialists was the first freestanding home sold in Coolangatta following the recent Federal Election.
RE/MAX continues its push into upper north shore market
RE/MAX Lead opens in Roseville this week under ownership of experienced business owners Tom Leng and Carrie Chen.
Laing+Simmons Lithgow opens with experienced local team
Under the leadership of high-profile local real estate identity Graham Hodson, a new Laing+Simmons office opens this week in Lithgow in a further boost to the brand’s growing regional network.
Auction activity and clearance rates rose across the combined capitals after a slump in the number of auctions amid last week’s Federal election - CoreLogic
Recording the busiest week since the pre-Easter spike, auction activity across the combined capital cities rebounded sharply this week, nearly doubling the number of auctions held last week during the Federal election slump (1,672). With 3,229 auctions held across the combined capitals, the volume of auctions held this week was up 11.2% from the 2,905 held this time last year. By Caitlin Fono, Research Analyst, CoreLogic
John McGrath – Australia’s most profitable property markets
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, owners have to brace themselves and prepare for the value of their homes to potentially go down after the phenomenal pandemic-induced property boom we have seen across the country.
Featured Property
‘Stonewall’ breathtaking Perth Hills acreage for sale – The Agency
1565 Glen Road Darlington for sale by Patrick Harper of The Agency is like a private Bali resort with panoramic views.
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