A significant downturn in population growth will see any significant recovery in house prices delayed until the 2022/2023 financial year, according to m3property.
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.
While the new Housebuilder package will help, the Housing Industry Association warns a sharper contraction in residential building activity is imminent.