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Aug 21, 2023

Savings rate plummets - Ray White

According to Nerida Conisbee of Ray White Group Chief Economist, with more property coming on to the market, this greater certainty about the outlook is likely to make this a much better spring selling season than last year.

Aug 21, 2023

McGrath Posts Strong $6.2m Profit Despite Tough Market

McGrath Limited announced its full year results for the 2023 financial year.

Aug 21, 2023

The Economy

Markets

Combined capitals record highest preliminary clearance rate in six weeks as more than 2,000 homes auctioned - CoreLogic

Auction activity across the capitals trended higher for the second consecutive week, with 2,056 homes auctioned. Up 6.6% from the 1,929 auctioned the previous week, the week marked the combined capital's busiest auction week since before Easter and the fifth busiest week of the year-to-date.

Aug 21, 2023

The Economy

Markets

John McGrath – Why quality marketing is worth it

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, when you’re selling your biggest financial asset, it’s worth investing in marketing.

Aug 20, 2023

Let’s not divide property owners and tenants

The Rental Market - Let’s not divide property owners and tenants, let’s look for balance solutions says Chantelle Collin, Head of Property Management Bresic Whitney.

Aug 17, 2023

The Economy

Markets

Unseasonal boost in auction volumes as vendors sprint in before spring - CoreLogic

The combined capitals are set to host the busiest auction week since early April (2,687) and the fifth busiest auction week of the year-to-date, with 2,133 homes currently scheduled for auction.

Aug 17, 2023

The Economy

Markets

Rental crisis escalates as vacancy rates fall across New South Wales - REINSW

The REINSW Vacancy Rate Survey results for July 2023 show that residential vacancy rates in Sydney and much of regional New South Wales are once again tightening, underlining the fact that the availability of rental accommodation across the state remain at crisis levels.

Aug 16, 2023

REIA welcomes National Cabinet backing of building more homes

REIA President, Hayden Groves, said that killing off rent controls, suggesting possible reforms for states to help renters, a revised and funded housing target and long overdue planning overhaul are all things that deal with Australia’s severe housing shortage.

Aug 16, 2023

The Economy

Markets

A rise in fresh listings will test the depth of buyer demand in spring - CoreLogic

According to Tim Lawless, Research Director, CoreLogic Asia Pacific, the flow of new listings added to the Australian housing market has been rising since mid-June, in contrast to the usual seasonal trend where new vendor activity would be trending lower through the colder months.

Aug 15, 2023

The Economy

Markets

REIA calls for leaders to get on with the job of building more houses

Ahead of National Cabinet, the Real Estate Institute of Australia (REIA) has implored the nation’s leaders to get on with the job of housing Australians.