The 12 Perth suburbs most in need of property investors - REIWA
REIWA President Damian Collins said the rental shortage remained a significant challenge for the state, with many suburbs across Perth having only a handful of rentals available.
John McGrath – Time to buy midway through correction
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we’re already halfway through a market correction in Sydney and Melbourne, however prices in Brisbane are still going up.
John McGrath – Renovated homes in demand as new builds and renovations delayed
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, with a shortage of raw materials and tradie labour along with rising costs, renovating or building a new home has become challenging.
New housing loan commitments continue to fall as home affordability issues intensify - REIA
The latest ABS figures show new housing loan commitments fell 6.4% in April to $31 billion with the value of new housing loans falling to 7.3% for owner-occupier lending and 4.8% for investor lending.
Active bidders reduce but clearance rates hold up during May - Apollo Auctions
The average number of active bidders at auction reduced by about five per cent during May, partly due to the Federal Election but also the interest rate increase at the start of the month, according to the new Apollo Auctions May Auction Report...