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Interest rate rises stabilising market - REIA

The Real Estate Institute of Australia (REIA) has said the latest interest rate rise of 50 basis points to 1.85 per cent is likely to further subdue the rate of rising house prices.

National

The Economy

Interest rates up another 50 basis points with more hikes to come - CoreLogic

As widely expected, the Reserve Bank of Australia (RBA) lifted interest rates by another 50 basis points today.

National

The Economy

When will these rate rises stop?

Nerida Conisbee, Ray White Group, Chief Economist, says inflation may peak at the end of the year with a slow down in interest rate rises at the same time.

National

People

Lending remains strong but first home buyer jitters on the rise - REIA

The Real Estate Institute of Australia (REIA) said the latest ABS figures show the value of new loan commitments fell 4.4 per cent while investor loans dropped by 6.3 per cent as rising inflation and interest rates start to bite.

New South Wales (NSW)

REAL Specialists August auction event offers 7 coastal NSW properties

From Wednesday 3 August to Sunday 7 August, REAL Specialists will be auctioning 7 Northern NSW properties.

Western Australia (WA)Perth

People

Homelessness Week shines light on 9,000 West Aussies doing it tough each night

REIWA is pleased to welcome the launch of The Salvation Army’s annual 2022 Homelessness Week campaign, which kicked off on 1 August 2022.

Queensland (Qld)Gold Coast

People

Ray White establishes local presence in Jacobs Well

Ray White’s Peter Catanzariti has opened Ray White Jacobs Well, his fourth office on the northern Gold Coast corridor.

New South Wales (NSW)Sydney

People

McGrath Ryde expands with talented team to lead local market in Sydney’s North-West

McGrath Estate Agents today announced its expansion across the Ryde local market in Sydney’s north-west. McGrath’s Head of Franchise Christopher Mourd welcomed high-profile co-principals Robert Bagala and George Agostino and their team of 32 agents and staff.

New South Wales (NSW)Sydney

People

Ray White Ashfield in Sydney opens

Real estate experts and brothers Michael and Andrew Simpson have partnered their third generation family business with Australia’s largest real estate agency, Ray White.

New South Wales (NSW)

People

Ray White expands into North Lake Macquarie

After two decades in real estate with Australasia’s largest real estate group, Paul Wrigley has opened his third office under the Ray White brand in North Lake Macquarie.

Pages

News Roundup

https://www.rethinktokyo.com/2018/08/29/women-construction-industry-japan

Women in the construction industry in Japan

It's a long and steep ladder to climb in a field where just 3% of workers are female.

REThink Tokyo

https://gapurabali.com/news/2018/08/28/balis-bank-mandiri-targets-idr-1-trillion-housing-loans-2018/1535422238

Bali's Bank Mandiri targets IDR 1 trillion in housing loans in 2018

Bank Mandiri is confident of reaching its target of releasing IDR 1 trillion for housing loans (KPR) in Bali and Nusa Tenggara in 2018.

Gapura Bali

https://www.thehotelconversation.com.au/news/2018/08/27/auckland-international-airport-continues-see-tourism-growth/1535341438

Auckland International Airport continues to see tourism growth

In the year to 30 June 2018, Auckland Airport reported the total number of passengers increased by 5.7% to 20.5 million with international passengers reaching 11.2 million (up 4.1% on FY17) and domestic passengers lifting 7.7% to 9.3 million.

The Hotel Conversation

https://www.mingalarrealestateconversation.com/news/2018/08/28/average-occupancy-and-rental-rates-increase-q2-2018/1535410854

Average occupancy and rental rates increase in Q2 2018

Karlo Pobre, Deputy Managing Director for Research and Advisory and Paul Ryan Cuevas, Analyst for Research, Valuation and Advisory of Colliers International Myanmar present the findings of Yangon Serviced Apartment Market Quarterly Report Q2 2018.

Mingalar Real Estate Conversation

https://www.thebusinessconversation.com.au/property//cucina-north-adelaide-authentic-italian-cafe-restaurant-functions-business-sale

Cucina North Adelaide: authentic Italian cafe, restaurant & functions business for sale

Seating over 200, this two-level North Adelaide business is a popular choice for parties and weddings. For sale by Tony Iasiello of Raine & Horne Business Sales Kent Town.

The Business Conversation

https://www.retalkasia.com/news/2018/08/27/niseko-real-estate-market-boosted-freehold-ownership-lower-jpy-and-high-capital

Niseko real estate market boosted by freehold ownership, lower JPY and high capital gains

C9 Hotelworks reveal in their Niseko, Japan Property Market Review for June 2018 that a new wave of hospitality-led real estate has edged the market closer to USD 1 billion transaction level.

RETalk Asia

https://www.thehotelconversation.com.au/news/2018/08/27/vue-terrace-homes-gold-coast-management-rights-sold-alex-cook-resort-brokers

Vue Terrace Homes Gold Coast management rights sold Alex Cook Resort Brokers Australia

TDK, a management rights operator with nine communities between Moreton Bay and Coolangatta has added Vue Terrace Homes in Robina to its portfolio.

The Hotel Conversation

https://www.retalkasia.com/news/2018/08/24/property-poised-historic-highs-philippines-gdp-declines-says-colliers/1535065221

Property poised for historic highs in Philippines as GDP declines, says Colliers

Joey Roi Bondoc, Research Manager at Colliers International Philippines discusses the office and residential markets for Q2 2018 as well as the challenges faced by the Philippine property market.

RETalk Asia