Largest fall in new loan commitments in 12 months: ABS report
The April 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show dramatic drop in value of loans for housing, say REIA.
Lower auction volumes across capital cities: Market Wrap
As high-end property spends shorter days on the market, such as the recent St Ives property sold by Chris Orr of Savills, CoreLogic is reporting lower auction volumes.
Available rental stock in Perth dropping at a rapid rate
The Real Estate Institute of Western Australia has revealed Perth’s rental stock has been quickly absorbed, with listings falling by 17 per cent in May.
Vendors are seeing their properties snapped up: Market Wrap
Buyers out in force as properties sell strongly at auction or before they are due to go under the hammer, according to agents Chris Wilkins from Ray White and James Baker of McGrath Estate Agents.
Great weather and affordable property prices make Queensland the place to go to work remotely, according to John McGrath, founder of McGrath Estate Agents.