Housing affordability improving, but number of first home buyers down, report finds
Housing affordability across the nation is slowly improving, but the credit squeeze is putting the brakes on the number of first home buyers entering the market, the Adelaide Bank/REIA Housing Affordability Report has revealed.
30 per cent drop forecast for Sydney and Melbourne, but Hobart outlook is strong: SQM Research
Sydney and Melbourne house prices could fall by as much as 30 per cent, while Hobart house prices could rise by 5 per cent, according to SQM Research Louis Christopher's Boom and Bust Report.
Australians think it's a good time to purchase property, despite thinking house prices will fall further, Westpac survey reveals
Westpac's monthly consumer sentiment survey reveals most Australians believe now is the best time to buy a house, despite thinking house prices will fall further still.
"No bright spot" in latest housing finance figures
President of the Real Estate Institute of Australia (REIA) Malcolm Gunning says there is "no bright spot" in the latest housing finance figures, released by the Australian Bureau of Statistics (ABS).
Latest CPI figures spells "good news for home buyers and renters" says industry body
The Real Estate Institute of Australia (REIA) says the latest CPI figures brings good news for renters and home buyers, as interest rates remain stable.
New Zealand's Andrew North is Australasian Auctioneer of 2018
Andrew North of New Zealand has been crowned the Real Estate Institute's Australasian Auctioneer of 2018, while Vincent Doran from Underdale High School in South Australia won the Australasian Schools Auctioneering Championships overnight in Auckland.
