CoreLogic: 2,044 auctions held the highest volume of auctions so far this year
Demand from buyers has kept pace with the pick-up in activity, with the preliminary clearance rate coming in at 75.4%, down slightly from last week (76.2% which revised to 70.3% on final numbers), said CoreLogic research director, Tim Lawless.
REIA cautions Albanese Government on deterring housing investment
The Real Estate Institute of Australia (REIA) has issued a cautionary note to the Albanese Government regarding its recent tax announcement, expressing concern over the potential ramifications of making housing investment less appealing.
John McGrath – Investors are back and looking further afield
Among the active buyers in today’s market is a rising number of investors says John McGrath, Chief Executive Officer of McGrath Estate Agents. New figures from the Australian Bureau of Statistics (ABS) show the value of investor loans has risen by 20.4% over the past 12 months in seasonally...
CoreLogic Auctions | it looks like the year has started with a much better fit between buyer and seller pricing expectations
The Corelogic preliminary auction results and weekend market summary for 11 February 2024 revealed the capital city clearance rate rose to 76.2%, the highest preliminary clearance rate since the first week of June last year, said CoreLogic research director, Tim Lawless.
Advice for Eastern States investors looking to purchase in WA
The WA property market has received an influx of Eastern States investors due to the strong rental market and the prospect of good yields and relatively affordable property, says Gabe Hagen from Realmark Urban.
Annual first home buyer activity up 13 per cent – 3 expert buying tips revealed
First home buyers are staking their claim on property markets around the nation once more with activity increasing by about 13 per cent in the past year, according to the Real Estate Buyers Agents Association of Australia (REBAA) President Melinda Jennison.
REIV issues reminder to members on rental price advertising and the rent review process
The Real Estate Institute of Victoria (REIV) has written to its membership with a reminder on the legislative process when advertising residential rental prices and delivering rent increases, said Jacob Caine, REIV President.