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.
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.
Peppermint Grove, Perth, Australia's least affordable suburb: Bankwest First Time Buyer Report
The average Australian will have to save for 4.6 years to save enough for a 20 per cent deposit on a median-priced home, according to Bankwest's First Time Buyer Report.