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National

The Economy

Demand for home loans has grown over June

While demand for housing finance has grown, there are tough times ahead, says Mortgage Choice CEO Susan Mitchell.

Victoria (Vic.)

The Economy

Growing rental squeeze in regional Victoria

REIV CEO Gil King wants to see more homes offered up for rent to ease tight vacancy rates.

South Australia (SA)

People

Veteran agents bring Better Homes and Gardens Real Estate to SA

Anthony and Emma Ward have 30 years experience in real estate and now join the BHGRE brand.

National

The Economy

Housing finance on a COVID rollercoaster ride

Value of new loan commitments for housing has rebounded, according to Adrian Kelly, REIA president.

Western Australia (WA)Perth

The Economy

68 per cent increase in Perth sales activity since COVID-19 low

Sales activity in the Perth metro region increased in July, according to REIWA president Damian Collins up 68 per cent compared to April across both dwellings and land sales.

Queensland (Qld)Brisbane

The Economy

Featured Property

New Owner for Famous Skate Bowl Home

It's not every day a home with a skate bowl in its living room finds new owners. Drew Davies of Place has just sold 32 Joynt Street, Hamilton with that particular facility.

South Australia (SA)

The Economy

South Australia's house prices remain stable

Brett Roenfeldt, president REISA said volumes of sales have dropped but the median price remains stable.

New South Wales (NSW)Sydney

People

Century 21 opens new office in Burwood, NSW

Directors Eugene Ganke, Jada Vi, Betty Lu, and Ricky Kong have opened an agency in Sydney’s inner west in Burwood under the popular Century 21 brand.

National

People

Negotiating soft benefits in place of salary increases

Elisiva Caesar of Iconic Recruit outlines the realities of the effects of COVID-19 on real estate and property salary benchmarking for 2020/2021.

New South Wales (NSW)

Featured Property

REAL Specialists: Family home in Salt Village

A family home, a holiday let or a permanent investment rental for sale in Kingscliff. The choice is yours says Shaun Cardillo of REAL Specialists.

Pages

News Roundup

http://www.theaustralian.com.au/opinion/columnists/sam-dastyari-video-on-what-1m-buys-in-sydney-is-offensive/news-story/b6c5d743b2a3ba75018917509055d836?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial&utm_content=TodaySHeadlines

Sam Dastyari video on what $1m buys in Sydney is offensive

In his Facebook video about housing affordability, Senator Sam Dastyari has mocked people’s homes to make a point.

The Australian

http://www.theaustralian.com.au/business/economics/rbas-key-concern-is-household-spending/news-story/bbf130f1d6a944cea616e9593b86bb8d

RBA’s key concern is household spending

Australia’s soaring household debt levels have made the economy less resilient to shocks, says the RBA.

The Australian Financial Review

https://www.domain.com.au/news/original-art-deco-home-of-betts-shoe-empire-family-for-sale-in-perth-for-3mplus-20170503-gvxcb0/

Art deco home of Betts shoe family for sale in Perth for $3m+

With a room just for shoes, a converted ballroom and a wine cellar, the Menora mansion once owned by the Betts shoe empire family is on the market.

Domain

http://www.afr.com/real-estate/badgerys-creek-a-lottery-win-for-poor-mans-acreage-20170502-gvxtma

Badgerys Creek a lottery win for poor man's acreage

Mark Perich, who has lived his entire life over the road from where the government will build the Western Sydney Airport at Badgerys Creek, will be one of the big winners from the plan.

The Australian Financial Review

https://www.theguardian.com/australia-news/2017/may/03/eye-watering-prices-australias-housing-affordability-crisis-laid-bare?CMP=soc_568

'Eye-watering prices': Australia's housing affordability crisis laid bare

Mortgages now soak up 42% of average income in Sydney, 37% in Melbourne, and 23% in Brisbane, with other capitals around 20%.

The Guardian

http://www.afr.com/real-estate/commercial/hotels-and-leisure/airbnb-took-from-us-we-will-take-from-them-accor-ceo-20170504-gvynfd

'Airbnb took from us, we will take from them': Accor CEO

But the boss of Europe's biggest hotel group said he is tapping into Airbnb territory, by acquiring digital businesses and adapting its own business model to compete.

The Australian Financial Review

http://www.afr.com/real-estate/citi-sees-house-prices-falling-as-much-as-7pc-as-housing-boom-unwinds-20170502-gvxuj3

Citi sees house prices falling up to 7% as housing boom unwinds

House prices could fall as much as 7% by 2018 as lending curbs bite and household debt is lowered, according to Citi.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/demand-for-property-drops-rea-figures-show/news-story/0ce5f4b2068218f557b524b9c1983ed3

Demand for property drops, REA figures show

NSW witnessed the biggest drop in property demand in the nation in April, as unaffordability cut buyers out of the Sydney market.

The Australian