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What do further rate rises have in store for home buyers and sellers? - Ray White

William Clark of Ray White Economics examines the state Australia is in and qualify it against New Zealand’s efforts to curb inflation

National

The Economy

New RBA decision to stabilise not slump market - REIA

Real Estate Institute of Australia (REIA) President, Mr Hayden Groves, said with today’s interest rate rise to 1.35% inflation has become one of the major concerns for Australians.

New South Wales (NSW)

People

Local experts take the reins at Ray White North Richmond

Hawkesbury real estate specialists Cindy Cash and Di Tutty have stepped up to lead the high-performing Ray White North Richmond office

Western Australia (WA)Perth

The Economy

Perth’s top 10 suburbs for price growth during the 2021-22 financial year - REIWA

REIWA President Damian Collins talks about the strength in Perth property market conditions and suggests competition amongst buyers is high.

New South Wales (NSW)

People

McGrath welcomes leading agent as partner in its prestigious Hunters Hill office

Chief Executive Officer of McGrath Estate Agents John McGrath has announced that leading agent, Benjamin Mulae, has joined McGrath Hunters Hill as Partner

National

The Economy

Lending values rise as listing numbers start to fall - REIA

The Real Estate Institute of Australia (REIA) said the latest Australian Bureau of Statistic (ABS) lending figures show the value of new housing loan and investment loan commitments rose over May 2022 including new loan commitments to first home buyers.

National

The Economy

Builders to remain busy into 2023 - HIA

HIA Senior Economist Nicholas Ward states “Detached house approvals continue to be elevated compared to pre-COVID levels, meaning projects underway and new work entering the pipeline will continue to keep home builders busy into 2023".

Queensland (Qld)

People

McGrath further extends its presence in the Sunshine State with local experts in two new offices - Bundaberg and Bargara

Leading residential real estate group, McGrath Estate Agents, today announced the opening of two new offices in Bundaberg and Bargara, and marks a clear indication of the company’s desire to expand further its presence in the Sunshine State

New South Wales (NSW)

REAL Specialists Partner Marisol Moylan lists two Northern NSW family homes

3 Corindi Street Pottsville and 10 Fir Street Bilambil Heights are for sale by Marisol Moylan of REAL Specialists.

National

The Economy

Australia tops the world for net inflow of millionaires - Ray White

William Clark of Ray White Economics Team talks about mass migration from major cities to regions across Australia.

Pages

News Roundup

https://www.thebusinessconversation.com.au/property/52-malpas-street-boyne-island-4680/busy-family-friendly-caf%C3%A9-boyne-island-sale

Busy, family friendly café on Boyne Island for sale

Located alongside the Boyne River near Gladstone Queensland, MJ's On Boyne is a popular café with a wide local customer base and includes an upstairs dwelling. For sale by Alicia Williams of Locations Estate Agents.

The Business Conversation

https://www.thebusinessconversation.com.au/news/2018/08/01/parc-village-development-expands-popular-canberra-shopping-and-business-centre

Parc Village development expands popular Canberra shopping and business centre

Positioned in the heart of Macquarie, this is the last development in the area that can accommodate commercial spaces.

The Business Conversation

https://www.retalkmena.com/news/2018/08/02/first-homes-heart-europe-set-handover-end-2018/1533160817

First homes on the Heart of Europe set for handover by end of 2018

Kleindienst is set to deliver the first properties on part of The World development off the coast of Dubai, including 40 Floating Seahorse homes.

RETalk Mena

https://gapurabali.com/news/2018/08/01/medical-tourism-and-luxury-healthcare-set-take-bali/1533088542

Medical tourism and luxury healthcare set to take off in Bali

Medical tourism in Asia is big business and Bali is gearing up to offer a viable alternative in the luxury healthcare space.

Gapura Bali

https://www.thehotelconversation.com.au/news/2018/08/01/largest-quest-apartment-hotel-australia-open-newquay-docklands-melbourne/1533089862

Largest Quest Apartment Hotel in Australia to open in NewQuay Docklands Melbourne

Quest Apartment Hotels has announced it will open five new Melbourne hotels within the Melbourne metro area in the next seven months to meet the accommodation needs of the extended-stay business traveller, bringing their total number of Melbourne properties to 47, offering 3,169 rooms across the city.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/08/01/parc-village-development-expands-popular-canberra-shopping-and-business-centre

Parc Village development expands popular Canberra shopping and business centre

Positioned in the heart of Macquarie, this is the last development in the area that can accommodate commercial spaces.

The Business Conversation

https://www.retalkasia.com/news/2018/07/31/vietnam-attractive-destination-foreign-investment-says-jll/1532995898

Vietnam an "attractive destination for foreign investment" says JLL

Khanh Nguyen, Associate Director of Capital Markets at JLL Vietnam explains the merger and acquisition transactions that took place in 1H 2018.

RETalk Asia

https://www.retalkmena.com/news/2018/07/31/affordable-housing-driving-riyadhs-real-estate-market-says-jll/1533006012

Affordable housing driving Riyadh’s real estate market, says JLL

The Saudi Arabia Ministry of Housing aims to increase home ownership by boosting affordable residential supply says JLL's Riyadh Real Estate Market Overview Q2 2018.

RETalk Mena