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Sep 22, 2021

Less than 10 weeks of listings remaining in WA’s property market

As vaccination has become the national health priority with most of the country living under some form of lockdown, WA has weathered the pandemic well recording a budget surplus of $5.6billion and positive economic activity resulting in a positive but cautious residential property market.

Aug 4, 2021

New housing loan commitments starting to wane - REIA

Real Estate Institute of Australia (REIA) President, Mr Adrian Kelly said the latest ABS figures show that while Australia’s property market remains strong, it is starting to settle down as economic concerns about lockdowns impact on economic sentiment.

Jul 19, 2021

John McGrath – Investors replacing first home buyers

Investor activity across Australia has soared in recent months, with the highest amount borrowed to buy investment properties since mid-2015, however, John McGrath founder and executive director of McGrath Estate Agents cautions investors not to overextend for fear of missing out.

Jul 15, 2021

Mortgage serviceability cheaper than renting on over a third of Australian properties - CoreLogic

CoreLogic analysis suggests servicing a mortgage is now cheaper than paying rent on 36.2% of Australian properties, which is higher than the pre-COVID proportion of 33.9% reported in February last year.

Jul 12, 2021

m3property welcomes new non-executive board appointment

The Board of m3property has welcomed the appointment of Catherine Leahy as independent Non-Executive Director. m3property Chairman, Grant Jackson, said the company was looking forward to Ms Leahy’s input and expertise.

Jun 4, 2021

The Economy

Lending

A new record in housing finance approvals - REIA

The April 2021 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing rose for the second consecutive month after a brief fall in February which came after eight consecutive months of growth,...

May 10, 2021

Budget a win for First Home Buyers and Women REIA

Real Estate Institute of Australia (REIA) has welcomed the 2021 Federal Government’s budget saying it’s a win for women and first home buyers closing in on their deposit gap.

Apr 19, 2021

Homes should be at the heart of Budget 2021 as Aussie jobs come back online - REIA

With the welcome news that an additional 70,000 new jobs were added to the economy in March and with unemployment now sitting at 5.6%, the May 2021 Budget is expected to focus on getting Australia back to a ‘new normal’ and looking beyond the pandemic.

Apr 6, 2021

John McGrath – Why interest rates will stay low

John McGrath founder and executive director of McGrath Estate Agents examines the current record home values, as the lowest mortgage rates in history continue to power a national boom.

Mar 7, 2021

Westpac research finds one in three homeowners want to sell their property

Seller confidence rebounds as buyer demand continues to surge. Research released from Westpac today shows more Australians are thinking about selling their home now than before the pandemic, with low interest rates, improved consumer sentiment and strong economic forecasts fuelling confidence in...