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The RBA has gone too far says HIA
“The number of loans issued for the purchase and construction of a new home has fallen to their lowest level since 2008, and the number of detached building approvals has fallen to its second lowest month since 2013. This is despite the urgent need to increase the supply of new homes,” stated HIA’s Chief Economist, Tim Reardon.
Perth house prices continue to climb - REIWA
“The median house price has been rising steadily all year,” REIWA CEO Cath Hart said.
CoreLogic Home Value Index shows growth easing in most regions as new listings rise - CoreLogic
CoreLogic’s national Home Value Index (HVI) rose 0.7% in July marking a fifth consecutive month of housing value recovery. Since finding a floor in February, the national HVI is up 4.1%, following a -9.1% decline from record highs in April 2022.
More wins for PropHero at the 2023 Proptech Awards
At the recent Australian Proptech Awards hosted by Proptech Association Australia, PropHero was announced as the winner of “Most Innovative Startup – Data, Analytics, Insights & AI.”
SA Metro Market Update – 2023 June Quarter
The South Australian property market has once again demonstrated its resilience and optimism by posting a new record median price once again and substantially increasing the volume of sales from the previous quarter.
Featured Property
Timeless 1,459sqm Indooroopilly riverfront for sale - Place
19 Ivy Street Indooroopilly for sale by Sarah Hackett of Place New Farm delivers a "rare" turn-key property with tennis court, pool, gym and private boat pontoon.
John McGrath – How to deal with FOMO as a buyer
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, try not to be too disappointed if you miss out on a property this Winter, and trust that another great home will come up for sale soon.
Apartment price growth continues - Ray White
According to Nerida Conisbee of Ray White Group Chief Economist, apartment price growth continues as house prices pull back slightly.
Greg Brydon crowned 2023 REIV Senior Auctioneer of the Year
The Real Estate Institute of Victoria (REIV) congratulates Greg Brydon of Ray White Cheltenham as the 2023 REIV Senior Auctioneer of the Year. REIV also extends further congratulations to runner up, Luke Banitsiotis of Woodards Blackburn.
REIA urges family investors to have their say on the rental crisis
REIA President Hayden Groves has called on family investors to have their say into the inquiry into worsening rental affordability.
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