John McGrath – New supply begins under National Housing Accord
Melbourne provides an interesting case study as to what happens when you raise the supply of new homes, particularly apartments, in the marketplace, says John McGrath, McGrath Estate Agents CEO.
International students make up less than seven per cent of all rental homes
The Student Accommodation Council has congratulated the government for finally doing its own modelling on the impact of international students in the rental market – finding they make up less than seven per cent of all rental homes.
REIA backs HAFFF but housing affordability remains critical
The Real Estate Institute of Australia (REIA) has welcomed the Federal Government's announcement of funding for social and affordable housing but remains concerned about broader housing affordability issues, says REIA President, Ms Leanne Pilkington.
Australians pocket a record median profit of $285,000 when reselling their property - CoreLogic
CoreLogic’s Head of Research Eliza Owen said the record median gain is driven by national housing values hitting fresh record highs each month since November last year.
Capitals host busiest auction week since March - CoreLogic
With 2,387 auctions held over the week, last week was the busiest for homes going under the hammer since the week prior to Easter, when 3,519 auctions were held says CoreLogic Economist Kaytlin Ezzy.
John McGrath – More buyers using government-guaranteed loans
One in three Australians who bought their first homes in FY24 did so with the help of the Federal Government’s Home Guarantee Scheme says John McGrath, McGrath Estate Agents CEO.
