Laing+Simmons opened its first example of a new business model last week with the opening of a Liverpool office that will be partly owned by the group.
Villa World to build 500 new homes in Melbourne's north-west growth corridor
Residential property developer Villa World has bought two sites in Melbourne's outer suburb of Plumpton, where it is expected to build 500 affordable to mid-priced homes.
First-home buyers remain out in the cold, despite affordability improvements
The number of first-home buyers in Australia declined 11.2% over the March quarter, according to latest Adelaide Bank/REIA Housing Affordability Report.
Australia 20th on Knight Frank Global House Price Index
Australia has risen 17 places to 20th on Knight Frank's Global House Price Index, which measures mainstream residential property markets around the world.
Perth leasing activity jumped 32 per cent in May, after the Easter and ANZAC Day holidays slowed down the market in April, says Hayden Groves, president of the REIWA.
Revised auction clearance rate one of the lowest this year
But Gil King, the CEO of the REIV, told SCHWARTZWILLIAMS that last week auction volumes and sales in Victoria were ahead of those for the same period last year.
NSW moves a "great first step" to improve affordability: REINSW
John Cunningham, president of the REINSW, says the state government's moves to help first-home buyers are welcome "first steps" to address housing affordability pressures in NSW.
The $17m sale of a penthouse in the Loftus Lane development at Sydney's Circular Quay shows harbourfront real estate has entered a new league. The agent was Justin Brown of CBRE.