REINSW: First home buyer scheme “a slap in the face”
Despite the announcement to coincide with the by-elections, there are still no details available on the NSW Government’s latest scheme in which it proposes to contribute to the cost of a first home buyer’s home in return for part ownership of their property. But what is clear, says the Real...
Gentle landing forecast for housing super cycle - HIA
“The volume of detached home building and renovations activity has been exceptionally strong for the past 18 months. This was initially driven by HomeBuilder and is now being supported by strong employment conditions, low interest rates and accelerated household formation,” stated HIA Chief...
Gap between Australia’s house and unit market hits record high - CoreLogic
The disparity between Australia’s house and unit values reached an all-time high in January of 28.3%, despite double-digit annual growth rates for both houses and units.
Australia’s relationship with the regions; eternal love or fleeting affair? - CoreLogic
More space, flexible working conditions and affordability has successfully tempted property buyers to Australia’s regional areas, fuelling a surge in property values and drastically reducing selling times.
John McGrath – Is selling sooner better than later in 2022?
John McGrath founder and executive director of McGrath Estate Agents, looks at when to sell in 2022, especially with the first 6 months being slightly unusual, with several calendar events impacting the flow of market activity.
REIA hails reinsurance pool design as a win for home owners and renters
Real Estate Institute of Australia (REIA) has welcomed the Federal Government’s finalisation of the design of the reinsurance pool for cyclone and related flood damage.
REIWA President Damian Collins said the suburbs that featured on this list were suburbs that had recorded relatively low price growth during 2021, despite sales volumes increasing by 50 per cent or more in each area.