Auction volumes rebound from long weekend lull - CoreLogic
Led by a rise in Melbourne, auction activity across the combined capitals is set to more than double this week, with 2,553 homes scheduled to go under the hammer.
Vacancy rates reach new record lows despite rental growth easing - CoreLogic
Despite worsening affordability easing the pace of rental growth in Australia, rental availability tightened in September, with vacancy rates falling to new record lows across the country.
New owner-occupiers make a return but concerns remain - REIA
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves welcomed the return of home buyers but said that whilst the latest new owner occupier loan commitments for housing has grown, it remains worryingly low for future trends.
Home Value Index up 0.8% in September as demand/supply imbalance continues to push values higher - CoreLogic
Utilising a fresh model upgrade, CoreLogic’s national Home Value Index (HVI) recorded a 0.8% rise in September as the recovery trend moved through an eighth consecutive month of growth.
John McGrath – Strong auction clearance rates prove Spring market strength
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we’re now seeing the highest number of properties going to auction this year, as more new listings flow onto the market this Spring.
According to Nerida Conisbee, Chief Economist at Ray White Group, Australian house prices increased by 6.1 per cent while units increased by 4.3 per cent over the past 12 months.
Study finds Chinese buyers not to blame for high home prices - Juwai IQI
Important new research that has ramifications for home markets all over the world has just established that Chinese buyers are not to blame for high home prices in Sydney, Australia.
Privacy Act Report shows no progress for real estate customers and business
Real Estate Institute of Australia (REIA) President, Hayden Groves, said the Act is now in its third year of consultation with small business shaping up to be the biggest losers.