Sydney records the biggest quarterly increase in $US10+ sales over Q2 - Knight Frank
Sydney has had the biggest quarterly increase in the number of super-prime sales – residential sales of US$10 million-plus – from Q1 to Q2 this year out of 12 key international global markets, according to the latest research from Knight Frank.
REIA real estate market facts show vacancies on the rise
Vacancy rates in all capital cities except Melbourne increased over the June 2023 quarter, the latest Real Estate Institute of Australia (REIA) Real Estate Market Facts (REMF) Report has found.
In the ever-evolving world of real estate, staying ahead of the curve is essential for success.
According to Adrian Bo, automated price updates can indeed be a key strategy in your prospecting plan. However, he cautions that this strategy comes with a crucial caveat: it must be followed by a meaningful conversation or meeting.
John McGrath – Working with agents & what to ask before making an offer
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, good agents understand they need to build relationships with buyers in order to bring the deal together.
REIA HAR shows sustained decrease in affordability to buy and rent
Housing affordability has declined over the June quarter 2023, with the proportion of income required to meet the average loan repayment increasing to 45.9% the latest Real Estate Institute of Australia (REIA) Housing Affordability Report (HAR) has found.
The value of Australia’s housing market just hit $10 trillion again. How is this possible?
According to Eliza Owen, Head of Research, CoreLogic Australia, the combined value of Australian housing rebounded to $10 trillion at the end of August, the first time the total estimated value hit double digits since June 2022.
Queensland property keeps proving itself to be a shining performer, according to quarterly median sales results released by the Real Estate Institute of Queensland (REIQ).
Short stay accommodation soars 22.8% as Australia's rental crisis rages - REIA
REIA President, Hayden Groves said that in the March quarter, a total of 133,968 short-stay accommodation (SSA) places were available in Australia, an increase of 3.7% over the quarter and a enormous 22.8% over the past year.
The Agency's CEO Geoff Lucas said today’s interest rate decision signals that we are likely to now be entering a period of little to no interest rate changes for a considerable time.
Rates on hold but rent rises remain a problem for inflation - Ray White
According to Nerida Conisbee, Ray White Group Chief Economist, the next movement is likely to be a cut to rates, however this is unlikely to happen this year.