The Real Estate Conversation

Contact

House price drop "the largest in seven years"

House prices have seen the largest fall since December 2011, according to new data from industry body the Real Estate Institute of Australia.

National

People

5 real estate New Year's career resolutions

Resolver Recruitment's Virginia Brookes says these are five career resolutions worth making (and keeping!) in the New Year.

Victoria (Vic.)Melbourne Brighton

Featured Property

Dual-title Brighton luxury opposite the Bay

Featuring indoor lap pool, gymnasium, tennis court, outdoor pool and spa, in-ground trampoline, home theatre, and glamourous Terrazzo interiors, this world-class Brighton home is for sale by Stefan Whiting and David Hart of Buxton Brighton.

Construction

From vision to fruition: Howard Smith Wharves' summer takeover

Howard Smith Wharves Chief Executive Luke Fraser explains how curation inspired construction throughout the redevelopment of the historic site.

National

The Economy

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.

Pages

News Roundup

http://www.smartpropertyinvestment.com.au/news/15121-some-market-values-to-decline-by-over-3-5

Some market values to decline by over 3.5%

The new CoreLogic-Moody’s Analytics Australian Forecast Home Value Index predicts that home value growth is likely to slow down across Australia this year.

Smart Property Investment

http://www.smh.com.au/federal-politics/political-news/pm-pivots-to-positive-as-real-estate-overtakes-mining-20160229-gn6gio.html

PM pivots to positive as real estate overtakes mining

Real estate has overtaken mining to become Australia's most profitable industry.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/property/buyers-confident-as-analysts-deny-bubble-claims/news-story/ef2646ac868a5fac2073c211edeb883d

Buyers confident as analysts deny bubble claims

Buyers have shrugged off bearish pronouncements and broader uncertainty over the housing market to push clearance rates and sales volumes higher, as a growing number of experts downplay the likelihood of a housing crisis.

The Australian

https://www.thesaturdaypaper.com.au/life/architecture/2016/02/29/pritzker-prize-winning-architect-alejandro-aravena/14564916002923

Pritzker Prize-winning architect Alejandro Aravena

Pritzker prizewinner Alejandro Aravena's social housing proves the value of architects to urban planning.

The Saturday Paper

http://www.afr.com/real-estate/sydneys-central-to-channel-midtown-manhattan-20160229-gn6bgx

Sydney's Central to channel Midtown Manhattan

The NSW government wants to transform the 80-100 hectares of government-owned land around the 1.5km long rail corridor from Central Station to Eveleigh, and create more jobs, more homes and more green spaces and facilities.

The Australian Financial Review

http://www.afr.com/business/banking-and-finance/property-investor-loan-growth-near-twoyear-low-20160229-gn6bcm

Property investor loan growth near two-year low

Loan growth in the housing investor market has dipped to its slowest pace in almost two years, after banks toughened credit policies and raised interest rates for property investors in 2015.

The Australian Financial Review

http://www.afr.com/real-estate/no-big-short-as-auction-results-round-out-strong-february-20160227-gn5i26

No 'Big Short' as auction results round out strong February

The capital city auction results at the weekend showed no evidence that buyers had concerns about a looming house price crash, as predicted by contrarian research house Variant Perception in its Big Short-themed report.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/what-housing-bubble-analyst-queries-motives-behind-doom/news-story/237e6142a9486a74a6c791ed9de9a4f2

What housing bubble? Analyst queries motives behind doom

Ray White chairman Brian White has heard talk of an Australian housing bubble — and that bubble bursting — time and again in his 50 years in real estate.

The Australian Financial Review