John McGrath – Renovated homes in demand as new builds and renovations delayed
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, with a shortage of raw materials and tradie labour along with rising costs, renovating or building a new home has become challenging.
Active bidders reduce but clearance rates hold up during May - Apollo Auctions
The average number of active bidders at auction reduced by about five per cent during May, partly due to the Federal Election but also the interest rate increase at the start of the month, according to the new Apollo Auctions May Auction Report...
Still wind in the sails of Queensland property market - REIQ
Queensland’s resilient property market appears to be defying the downturn being seen in southern states, with median house prices still climbing 3.23 per cent and median unit prices rising 2.17 per cent in the first quarter of 2022, as released by the Real Estate Institute
One of Australia’s most awarded real estate offices, RE/MAX Profile, Broker owners Adam and Roxanne Workman have relocated to where it all started – Kenmore, the home of Australia’s first RE/MAX office.
CoreLogic Home Value Index records first national fall since September 2020, as declines accelerate across Sydney and Melbourne in May
CoreLogic’s Research Director Tim Lawless said despite the 0.5% rise in housing values across Australia’s combined regional areas, it was not enough to keep the national index in positive monthly territory
REIA Welcomes New Cabinet, time to get to work on Housing Plan
The Real Estate Institute of Australia (REIA) has today welcomed Australia’s new look Cabinet and congratulates the new Minister for Housing, Homelessness and Small Business the Hon Julie Collins MP.
New home building and renovation booms will keep Australia's already stretched home builders busy until at least June 2023 states HIA Economist Tom Devitt.