The Real Estate Conversation

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Housing Finance for July still on a roller-coaster ride: REIA

The latest ABS report shows historic falls in the value of home loans in May is followed by historical growth for the second month in a row, according to Adrian Kelly, president, REIA.

Western Australia (WA)

People

Strategic partnership formed as part of $3.6M The Agency West Coast rent roll sale

A reciprocal referral agreement between The Agency (West Coast) and Managex Funds Management will provide a platform of growth.

Victoria (Vic.)Melbourne Brighton

Design

The Agency ready to partner with The Block couple

This year on The Block, The Agency has its secret weapon, 2019’s on-site tradie, agent and contestant – Jesse Raeburn.

Queensland (Qld)Brisbane

The Economy

Off market sale over two blocks: Place Estate Agents

Heath Williams of Place Estate Agents managed to skillfully match up both buyer and seller to achieve an outstanding sale.

Australian Capital Territory (ACT)

Politics

Concerns for tenants and landlords over emergency amendments: REIACT

Changes announced by the ACT Government to the residential emergency declaration has real estate body REIACT concerned.

Queensland (Qld)

The Economy

Ascot property bought sight unseen: Place Estate Agents

The Gables of Ascot has sold through agent Drew Davies of Place Estate Agents, to Sydney buyers who were unable to inspect the property before buying.

Victoria (Vic.)

Politics

Victoria's real estate industry call for review of government decision

The Real Estate Institute of Victoria (REIV),The Agency and Ray White Group have called for a review of the roadmap announced by the Andrews government, as customers suffer.

Tasmania (Tas.)

Featured Property

Amanzi by the Sea: Flinders Island escape - Elders

Everywhere on Flinders Island is a postcard moment. For sale by Michelle Hirchfield and Nick Myer of Elders Real Estate Tasmania.

National

The Economy

Sales continue as records tumble: Market wrap

Agents from Ray White, McGrath, Sotheby's and Place are noticing growing buyer interest despite stock listings reducing.

New South Wales (NSW)Sydney

People

Get to know Chloe Anderson of The Agency

A passion to help people and build relationships led Chloe Anderson to a successful career in Property Management.

Pages

News Roundup

https://www.businessinsider.com.au/aussie-households-are-increasingly-stressed-about-their-finances-2017-5

Aussie households are increasingly stressed about their finances

Consumer confidence jumped again last week, back to pre-budget levels, but concerns remain about household finances.

Business Insider

http://www.afr.com/real-estate/apartment-approvals-fall-to-twoyear-low-in-april-20170530-gwg0q4

Apartment approvals fall to two-year low in April

The slowing of the country's biggest housing construction boom continued in April, with the number of new apartment approvals falling to the lowest level in two years.

The Australian Financial Review

http://www.afr.com/real-estate/residential/interestonly-home-loans-fall-for-the-first-time-since-2009-20170530-gwg32w

Interest-only home loans fall for the first time since 2009

Treasurer Scott Morrison has hailed a drop in the number of new interest-only home loans in the March quarter as a sign that a crackdown on speculative property investment is working.

The Australian Financial Review

http://www.afr.com/real-estate/residential/nsw/point-piper-houses-more-of-this-years-rich-list-than-any-other-suburb-20170528-gwf677#ixzz4iSILTs21

Point Piper houses more of this year's rich list than any other suburb

No neighbourhood claims more of the ultra wealthy among its own than Sydney's exclusive harbourfront suburb of Point Piper.

The Australian Financial Review

https://www.domain.com.au/news/australian-women-rely-on-the-family-home-to-support-them-in-old-age-20170530-gwfxnm/

Australian women rely on the family home to support them in old age

Women are more likely than men to have their assets tied up in a family home, meaning their finances are more precarious, and they have less saved for retirement.

Domain

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/vancouver-sydney-and-melbourne-show-same-property-slowdown/news-story/79d5dcc0600130cfdf998e42ddc76263

Vancouver, Sydney and Melbourne show same property slowdown

When three similar global city real estate markets start showing the same patterns, it’s highly likely you are seeing a major trend emerging.

The Australian

https://www.dezeen.com/2017/05/20/top-events-celebrating-frank-lloyd-wright-150th-birthday/

10 events celebrating the anniversary of Frank Lloyd Wright's birth

Next month marks the 150th anniversary of the birth of American architect Frank Lloyd Wright.

Dezeen

http://www.afr.com/personal-finance/protect-your-property-portfolio-as-rates-rise-on-interestonly-loans-20170501-gvwg5u?&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

Protect your property portfolio as rates rise on interest-only loans

Any advantages of funding property portfolios with interest-only loans are rapidly disappearing as lenders hit the red alert button by raising rates, tightening terms, and offering incentives to pay down debt.

The Australian Financial Review