Global house prices running out of steam: Knight Frank
Knight Frank's Q3 2017 Global House Price Index increased 5.1 per cent in the year to 30 September, down from 6.3 per cent growth in the previous quarter.
ATO employs new tools to scrutinise rental property market
The Australian Tax Office is ramping up scrutiny of the rental property market in a bid to stamp out rorts, and from next year will begin approaching real estate agents for information, reports The Australian.
Perth's median house price records modest gain in three months to November
The beleaguered Perth property market appears to be in recovery mode, with Perth's, median house price rising 1.9 per cent to $525,000 in the three months to November, according to the latest REIWA data.
Affordability improves, allowing first-home buyers into the market
The proportion of median family income required to meet average loan repayments declined during the September quarter across all states and territories, according to the September quarter edition of the Adelaide Bank/REIA Housing Affordability Report.
Chinese-born Australians prioritise home ownership: St.George research
"Chinese-born Australians consistently place a high importance around family, particularly with owning bricks and mortar," says St.George’s general manager for retail banking, Ross Miller.