Australians are holding onto their homes for longer
The transaction costs of buying and selling a home have become prohibitive, but cuts to stamp duty and low-cost agents could make buying and selling more affordable, says Cameron Kusher of CoreLogic.
Sydney, Melbourne among world's top cities for real estate investment: CBRE
Tokyo is the world's largest real estate investment market, with Sydney fourth and Melbourne fifth in the Asia Pacific, according to the CBRE report 'How much real estate? A global analysis'.
Real estate agents are being warned to be vigilant against property fraud, or ‘hi-jacking’, which can involve fake sellers, bogus investment schemes, and even computer hackers stealing sale proceeds mid-transfer.
Affordability is improving, and first-home buyers are back in the market
New data from the HIA shows that housing affordability improved during the September quarter, while Mortgage Choice says loan approvals for first-home buyers are at four-year highs.
Hobart likely to lead price gains in 2018: SQM Boom and Bust Report
Australia’s housing market is likely to record "moderate" price gains in 2018, says Louis Christopher of SQM Research in the latest Housing Boom and Bust Report.
The HIA Renovations Roundup Report predicts that the record numbers of homes built in the late 1980s will become ripe for renovation in the coming years.
