John McGrath – What to look for at opens this Spring
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, create an inspection notebook to record information about all the homes you inspect.
All capital cities now recording year-on-year growth - Ray White
According to Nerida Conisbee of Ray White Group Chief Economist, while surprising that demand for housing is so high in such a high interest rate environment, it reflects strong population growth and a reduction in new home construction.
Easing inflation welcomed but no respite on housing - REIA
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves said the latest ABS figures indicate inflation is continuing to moderate eliminating the need for further interest rate rises, however the housing crisis remains a top priority for governments to address.
Sydney luxury residential rents rise by 13.1% over 12 months, the third highest growth of 10 global cities measured by Knight Frank
Sydney's annual luxury rental growth in the 12 months to the end of June 2023 surged from 11.7% to 13.1% compared to the previous quarter, bucking the global trend of slowing growth in rental rates, according to the latest research from Knight Frank.
“Residential building approvals in July 2023 continue to tread at very low levels, with this month’s decline led by a relatively sharper fall in multi-units,” stated Tom Devitt, HIA Senior Economist.
Professionals’ national expansion continues with six new offices
The new financial year has kicked off strongly for Professionals with the opening of five new offices across the country in July, taking the total to six for the quarter.
Time to move forward together to help renters - REIA
The Real Estate Institute of Australia (REIA) has provided a ten-point plan aimed at assisting Australian renters to the Federal Senate Inquiry (the Inquiry) into the worsening rental crisis.