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"No good news" in latest housing finance figures

The number of home loan approvals fell by 0.9 per cent in November, and economists warn the weakness in the housing market is likely to be felt for some time.

Western Australia (WA)Perth

The Economy

Perth market showing signs of life

With the median house price lifting, REIWA President Damian Collins is optimistic about Perth's property market.

National

The Economy

5 homes to buy if you won last night's Powerball jackpot

Won the Powerball jackpot last night? Here are some of the most amazing homes from around the country to spend your winnings on.

Queensland (Qld)Sunshine Coast

Featured Property

The Palms: Hinterland oasis on the Sunshine Coast

Just 15 minutes from Noosa, The Palms is a contemporary oasis nestled in the hinterland. For sale by David Conolly and Sam Walker of Century 21 Noosa Heads.

Queensland (Qld)

The Economy

Queensland poised for strong capital growth

The Sunshine State is set to enjoy a year of consistent home value rises, as the market continues defying national trends of falling house prices.

National New South Wales (NSW)Sydney

The Economy

A tenants market: More than 25,000 homes available for rent in Sydney

Sydney renters have twice as many properties to choose from than their Melbourne counterparts after a spike in listings over the December period, new figures from SQM Research reveals.

Victoria (Vic.)Melbourne

People

Get to know Jenny Dwyer, director of Hockingstuart Sandringham

Hockingstuart Sandringham director, Jenny Dwyer has had a love for real estate ever since she was a little girl.

Victoria (Vic.)

Featured Property

American-inspired country living at Balnarring

Equestrian activities are never far away in this four-bedroom farmstead. Sold by Michelle Skogland of Aqua Real Estate.

Victoria (Vic.)Melbourne

The Economy

Why industry experts are saying now is the time to buy in Melbourne

As the Melbourne property market begins to self-correct after decades of rapid price hikes, experts are tipping an upswing is in store, and buyers should pounce now.

National

Construction

Calls for action as new home approvals continue falling

Fourteen consecutive months of declining home approvals is costing the building industry tens of millions of dollars, prompting calls for action.

Pages

News Roundup

http://www.theaustralian.com.au/news/latest-news/apartment-prices-could-go-bust-economists/news-story/eedf9cb380b88ed458761a33e64da5d5

Apartment prices could go bust: economists

Commonwealth Bank managing director of economics Michael Blythe says depressed demand and increased supply is gradually cooling the market and house prices have started to fall.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/investors-feel-pinch-as-rents-start-to-contract/news-story/e00f347dcc4798ec5e17ac12b92513bf?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20TheAustralianProperty%20%28The%20Australian%20%7C%20Property%29

Investors feel pinch as rents start to contract

Rents across Australia’s capital cities could begin to fall in the coming months after posting sluggish increases in the past year, CoreLogic RP Data has warned.

The Australian

http://www.afr.com/real-estate/sydneys-construction-boom-is-driving-prices-through-the-roof-20160217-gmwpia

Sydney's construction boom is driving prices through the roof

Sydney property developer Mark Bainey used to have no problem hiring skilled professionals like architects, town planners and engineers when he needed them. Now he says, they're booked out for months.

The Australian Financial Review

http://architectureau.com/articles/new-city-precinct-to-be-built-over-major-melbourne-road/?utm_source=twitterfeed&utm_medium=facebook

New ‘city precinct’ to be built over major Melbourne road

Victoria’s Minister for Planning Richard Wynne has approved the first stage of plans for a $1.9 billion “city precinct” to be built over the top of one of Melbourne’s major arterial roads.

ArchitectureAU

http://www.afr.com/real-estate/paddo-and-woollahra-lure-homebuyers-with-glitzy-food-fare-20160304-gnae2w

Paddo and Woollahra lure homebuyers with glitzy food fare

The residents of up-market Sydney terraces in Paddington and Woollahra have the choice of a number of five-star restaurants, which is helping to underpin the lifestyle attractions of the area's inner-city real estate.

The Australian Financial Review

http://www.afr.com/real-estate/property-industry-warns-of-failures-as-wave-of-apartment-settlements-looms-20160304-gnaj22

Property industry warns of failures as wave of apartment settlements looms

The number of apartments due for settlement is ballooning – and concern is rising about whether buyers will be able to pay for them, but big developers say the rise in value is mitigating that risk.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/hands-off-negative-gearing-say-edgy-tradies/news-story/09df95aad262b14c1140b81198aa9085

Hands off negative gearing, say edgy tradies

Plumbers, cleaners, and a host of tradies would lose work if negative gearing tax breaks were cut for existing homes as Australians claim $17 billion a year in rental property deductions, the bulk of it offsetting renovation costs.

The Australian

http://www.mortgagebusiness.com.au/breaking-news/9524-sydney-suffers-slowdown-in-property-price-growth

Sydney suffers slowdown in property price growth

Home value growth rates in smaller cities may soon start to rival Sydney's, a new report has found. Sydney was the only capital city to have seen a decline (of 0.2%) in dwelling values over the past three months, according to February’s CoreLogic RP Data Hedonic Home Value Index.

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