Housing downturn 'should not be overstated', says CBRE economist
CBRE's global chief economist has given a philosophical assessment of Australia's housing market at the company's Annual Market Outlook event in Sydney.
With the removal of interest-only in January and significant changes proposed to the mortgage broker industry, banks are set to reshape the Australian property market.
The price of land for new residential building has risen as demand falls away, according to the March 2019 edition of the HIA-CoreLogic Residential Land Report.
Real Estate Institute of New South Wales (REINSW) Director Gary Adamson will take a seat in the Legislative Council to advocate for a dedicated NSW Property Services Commissioner.