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New owner-occupiers make a return but concerns remain - REIA
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves welcomed the return of home buyers but said that whilst the latest new owner occupier loan commitments for housing has grown, it remains worryingly low for future trends.
Interest rate commentary by Geoff Lucas
The Agency's CEO Geoff Lucas said today’s interest rate decision came largely as expected, and will be welcomed by borrowers, recent data suggests there are increasing forces pointing to another increase before any cuts to rates.
RBA holds cash rate steady but warns on inflation
The RBA kept the cash rate on hold at 4.1% for the fourth successive month in October, citing ‘a more sustainable balance between supply and demand in the economy’, but also ongoing concerns about inflationary pressures and a heightened level of uncertainty surrounding the economic outlook.
Slowdown in population growth no impediment to Gold Coast housing market - Colliers
Colliers Market Overview reveals city’s north to continue driving development boom.
No justification for a rate rise says HIA
“The number of loans issued for the construction or purchase of new homes are at their lowest level since the Global Financial Crisis in 2008,” stated HIA Senior Economist Tom Devitt.
Home Value Index up 0.8% in September as demand/supply imbalance continues to push values higher - CoreLogic
Utilising a fresh model upgrade, CoreLogic’s national Home Value Index (HVI) recorded a 0.8% rise in September as the recovery trend moved through an eighth consecutive month of growth.
John McGrath – Strong auction clearance rates prove Spring market strength
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we’re now seeing the highest number of properties going to auction this year, as more new listings flow onto the market this Spring.
Listings declined in September - Ray White
According to William Clark Ray White Group Data Analyst, listings declined in September, although they remain elevated compared to last year.
Price growth continues in September - Ray White
According to Nerida Conisbee, Chief Economist at Ray White Group, Australian house prices increased by 6.1 per cent while units increased by 4.3 per cent over the past 12 months.
Featured Property
Scenic Mount Irvine Blue Mountains acreage for sale - Sotheby’s
Carisbrook 24-32 Danes Way Mount Irvine for sale by Grant Dale, David Medina and James McCowan of Sotheby’s International Realty provides a move in ready country residence without compromising modern lifestyle comforts.
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