The Real Estate Conversation

House prices have increased according to latest REMF

The REIA has released the latest edition of Real Estate Market Facts showing an increase in house prices.

People

Top selling Agent joins Openn Negotiation

Leading online selling platform, Openn Negotiation has appointed Will Ainsworth, former Principal of McGrath Geelong, to be Head of Growth & Training for Australia and New Zealand.

Lower auction volumes across capital cities: Market Wrap

As high-end property spends shorter days on the market, such as the recent St Ives property sold by Chris Orr of Savills, CoreLogic is reporting lower auction volumes.

John McGrath – Winter a good time to sell in resilient market

So far the property market has fared well during COVID-19 but there is often a lag, warned McGrath founder John McGrath.

Queensland (Qld)Brisbane

Featured Property

Last remaining award-winning Hamilton Reach home on the market

For sale by Christine Rudolph of Ray White New Farm, who told WILLIAMS MEDIA, “This is an irreplaceable location which is completely unique and private.”

Victoria (Vic.)Melbourne

People

Get to know Darren Lewenberg of Kay & Burton

“History has shown that particularly the Victorian and NSW real estate markets have been historically resilient to major global events.”

Victoria (Vic.)Melbourne

Featured Property

Classic Prahran Victorian sold after 6 days on the market

Sold by Julia de Campo and Gowan Stubbings of Kay & Burton, who told WILLIAMS MEDIA "Our sales have been consistently strong and relatively quick as buyers do not want to miss out.”

Queensland (Qld)Brisbane

Featured Property

Coronet Court art deco gem sold for $855,000

Sold by Tom Lyne of Ray White New Farm, who told WILLIAMS MEDIA, “Art deco apartments in New Farm always draw strong interest.”

Are fixed rates a better option in an uncertain market?

As interest rates are cut to help keep the economy alive, mortgage comparison companies discuss the pros and cons of fixing mortgages.

https://www.domain.com.au/news/community-saves-prime-beachfront-hospital-site-in-collaroy-from-developers-clutches-20170315-guxm7s/

Housing activity yet to impact GDP

While the new Housebuilder package will help, the Housing Industry Association warns a sharper contraction in residential building activity is imminent.

Pages

News Roundup

Community saves $30m prime beachfront hospital site in Collaroy from developers’ clutches

A 15-year community battle has triumphed to keep a hospital site in public hands forever.

Domain

http://www.afr.com/real-estate/young-affluent-homeowners-in-nsw-most-at-risk-if-rates-rise-jpmorgan-warns-20170315-guyg5s?et_cid=29070057&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/young-affluent-homeowners-in-nsw-most-at-risk-if-rates-rise-jpmorgan-warns-20170315-guyg5s&Email_name=MW5-03-15&Day_Sent=15032017

Young affluent homeowners in NSW most at risk if rates rise, JPMorgan warns

Young affluent home owners with mortgages in NSW are most at risk of mortgage stress if interest rates rise, a JPMorgan report has warned.

http://www.afr.com/news/economy/rbas-michele-bullock-flags-tighter-property-investor-restraints-20170313-guxc58?&utm_source=social&utm_medium=twitter&utm_campaign=nc&eid=socialn%3Atwi-14omn0055-optim-nnn%3Anonpaid-27/06/2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_twitter

RBA's Michele Bullock flags tighter property investor restraints

Regulators may impose even heavier restraints on lenders to prevent the property market from triggering a disruptive financial crisis, said RBA assistant governor Michele Bullock.

http://www.economist.com/news/books-and-arts/21718461-why-americans-need-beware-becoming-complacent-comforts-familiarity?fsrc=scn/tw/te/bl/ed/thefutureofamericathecomfortsoffamiliarity

The comforts of familiarity

America is losing its vim, and settling into stagnation, moving less, crossing state lines at around half the rate they did between 1948 and 1971, and staying longer in their jobs.

The Economist

http://www.mortgagebusiness.com.au/breaking-news/10896-anz-warns-on-apartment-spill-over?utm_source=MortgageBusiness&utm_campaign=14_03_17&utm_medium=email&utm_content=2

ANZ warns on apartment ‘spill-over’

ANZ says the number of apartments set to come to market over the next 18-24 months is raising fears of oversupply and price falls.

Mortgage Business

http://www.afr.com/real-estate/wall-of-capital-headed-for-local-commercial-property-market-20170313-gux5y5

Wall of capital headed for local commercial property market

At least $18 billion in equity has been allocated for Australia's commercial property sector this year, putting it among the world's top investment destinations.

http://www.afr.com/news/politics/cut-negative-gearing-to-lower-house-prices-dont-be-ridiculous-says-scott-morrison-20170312-guwks8

Cut negative gearing to lower house prices? Don't be 'ridiculous' says Morrison

Scott Morrison has rubbished the idea that curbing negative gearing would bring down house prices but made no mention of the effect of cutting capital gain tax concessions.