The Real Estate Conversation

First home buyer scheme on track to finance millennials and regions

HIA data shows that more than a three quarters of first home buyer applicants are aged 18-34.

New South Wales (NSW)

Featured Property

Hunter Valley ‘castle’ estate awaits its next custodian

Positioned on approx. 100 acres, this luxury heritage estate is perfect for either an impressive family residence or a commercial venture setting. For sale by Deborah Cullen of Knight Frank Sydney.

Capital cities record strong auction performance from increased volume

Capital City auction clearance rates have climbed throughout the past week, despite an increase in the number of auctions held.

International

How Tom’s vision for Wyuna took the world by storm

What began as a way for one man to satisfy his favourite pastime is now the opportunity to own among last locations on the shores of New Zealand’s Lake Wakatipu that will ever be offered for sale.

Household financial comfort slides across regional Australia

Household financial comfort fell markedly across regional Australia during the six months to December 2019, according to ME Bank’s latest Household Financial Comfort Report.

Demand for residential land picks up

Residential land demand has increased 45.9 per cent since March 2019, according to HIA economist Angela Lillicrap and CoreLogic's Head of Residential Research Eliza Owen.

Volume of houses to be auctioned rises by 25 per cent

The capital city auction market is expected to see a rise in activity this week, with a total of 1,448 homes scheduled to go under the hammer, according to CoreLogic.

Andrew Thompson joins Loan Market

Andrew Thompson is a man with a vision and an advocate with the right skills for Loan Market brokers.

Insurance ‘red zones’ in wake of bushfires, risking value for owners

Starr Partners CEO Douglas Driscoll calls for better protection for rural and regional residents in 'danger zones'.

http://www.afr.com/real-estate/residential/low-listings-drove-vancouver-house-prices-up-18-per-cent-in-2016-20170104-gtm75h

People

How to be equal and better

Real estate heavyweight Peter Hanscomb is the first in a series of podcasts on The Real Estate Conversation and he speaks with Lee Woodward of the Real Estate Academy.

Pages

News Roundup

Low listings drove Vancouver house prices up 18% in 2016

Vancouver housing prices climbed 18% last year and sales were the third highest on record, prompting governments to set tougher rules to prevent a crash.

http://www.afr.com/news/economy/households-not-immune-from-fed-trump-or-aaa-threat-20161215-gtbq6u

Federal Reserve, Trump and AAA rating downgrade a perfect storm for households

Households are confronting a perfect storm for higher interest rates next year amid sluggish wages growth and a rising jobless rate.

http://www.domain.com.au/news/ikea-launches-products-inspired-by-relationship-problems-20161214-gtarur/

IKEA launches products inspired by relationship problems

The Swedish furniture store has a new 'Retail Therapy' campaign.

Domain

http://www.afr.com/personal-finance/superannuation-and-smsfs/smsfs-catch-the-property-bug-20161214-gtb99x

Two in five SMSFs own property, say Financial Services Council, UBS

As many as two in five self-managed superannuation funds hold residential or commercial property.

http://www.domain.com.au/news/brisbane-house-and-unit-prices-tipped-to-go-in-opposite-directions-in-2017-20161214-gta3ps/

Brisbane house and unit prices tipped to go in opposite directions in 2017

The Brisbane housing market is expected to grow steadily in 2017, outperforming other capital cities hit by the drop in the national economy.

Domain

http://www.afr.com/real-estate/home-loans-expected-to-jump-80-basis-points-20161214-gtbiu5

Home loans expected to jump 80 basis points

Lenders are increasing pressure on existing property buyers by hiking rates and are preparing to lower discounts for new borrowers.