Combined capital city clearance rate expected to reach highest point since May 2017
The final weekly clearance rate for the combined capital cities is expected to hold above 70 per cent for the first time in more than two years, according to the latest data.
Housing market could help balance out future risks for economy: RBA
Reserve Bank Deputy Governor Guy Debelle has identified positive change within Australia's housing market as a potential offset for future risks to the country's economy.
'People need to take responsibility for their own actions': REIWA President praises Westpac decision
Real Estate Institute of Western Australia President Damian Collins has come out in support of the decision to dismiss legal action against Westpac from the corporate regulator, describing it as a "positive for lending".
Gold Coast ranks in the top 32 internationally for luxury residential price growth
The Gold Coast is the latest Australian city to rank in the top 32 for luxury residential price growth, joining capital cities Perth, Brisbane, Sydney and Melbourne on the Knight Frank Prime Global Cities Index – Q2 2019.
Sydney's preliminary clearance rate climbs above 80 per cent as market continues to make up lost ground
Auction volumes remained steady across the capital cities for the week ending August 11, while preliminary clearance rates rose in Melbourne and Sydney.
Knight Frank expands Prestige Residential sales team with two new appointments
Knight Frank has welcomed two new agents to its Prestige Residential sales team, with Adam Ross and Oliver Stillman adding to the firm's global presence in the sector.
Positive signs starting to emerge in Perth rental market - REIWA
New data from the Real Estate Institute of Western Australia has shown the Perth rental market held onto its first increase in median weekly rent prices since the December 2016 quarter.