New home sales see growth for the first time since 2017, HIA
Around the states, new home sales rose for the June quarter compared to the previous quarter in Victoria (+5.1 per cent), Western Australia (+2.9 per cent) and South Australia (+2.6 per cent).
A 78.5 per cent preliminary clearance rate was recorded across Sydney this week, making it the best performing capital city according to preliminary results, up from last week’s 72.8 per cent final clearance rate, according to CoreLogic.
North Lakes takes team of the year at the 2019 Coronis annual awards
Coronis hosted their annual awards last weekend at Howard Smith Wharves, where they celebrated the company’s agents, property managers, mortgage brokers and support staff.
Residential construction costs outpace inflation - CoreLogic
New South Wales continues to record the highest residential costs increase, up 4.5% on an annual basis, while Western Australia has the lowest rate at 2.9%, according to the latest CoreLogic CHIP Report.
Shortage of land drives prices up, as land sales fall
Residential lot sales across Australia reached a record low of 7,236 in the March 2019 quarter, almost 50 per cent below the average of the past decade of 13,682.
Most people like to think important financial decisions rely on a logical interpretation of facts and figures. But I believe one of the biggest drivers in economics is, in truth, the swings
and roundabouts of human psychology.
