House price expectations become positive, yet housing affordability remains a big issue
Respondents across NSW, VIC, QLD are predicting prices to go up, and more people in NT, TAS, NSW, and VIC are predicting prices will no longer fall, according to ME Quarterly Property Sentiment Report.
City auction markets log highest clearance rate in over a year
There were 901 homes taken to auction across the combined capital cities this week returning a preliminary clearance rate of 70.6 per cent, according to CoreLogic.
Median house price for Melbourne lowest since 2016, REIV
The Real Estate Institute of Victoria’s June 2019 quarterly data report shows middle Melbourne median house price is at $894,000, the lowest it’s been since the September 2016 quarter.
Building Ministers adopt Shergold Weir building standards
The Australian Building Codes Board (ABCB) is set to establish a national approach to the implementation of the Shergold-Weir Report to assist the building industry, governments, and the community.
Home sales stabilising, with Adelaide market trending above decade average - CoreLogic
Although sales volumes are lower on an annual basis, monthly sales volumes have risen from recent lows, according to CoreLogic research by analyst Cameron Kusher.
Queensland dwelling approvals down 20 per cent - Master Builders
The housing market has fallen by almost 50 per cent in the Far North Queensland, and 34 per cent in central Queensland over the past 12 months, according to the latest statistics from the Australian Bureau of Statistics (ABS).
Low maintenance and safety the focus for Australian apartment owners, survey says
Safety and security lead the reasons why Australian apartment owners have chosen where they live, according to the recently released Australian Apartment Advocacy (AAA) survey.
Sunshine State capital predicted to grow by 120 per cent
“I believe that Brisbane will be the property winner over the next decade and not because it seems to have missed out on growth in the most recent market cycle,” said Your Property Your Wealth director and buyer’s agent Daniel Walsh.