Strong property market conditions expected in WA in 2021 - REIWA
The Real Estate Institute of Western Australia's 2021 outlook indicates the Western Australian property market should experience steady growth in both the rental and sales market.
The four major trends expected to shape the Australian property market
"Preliminary figures released by the ABS on the value of residential construction work done showed a decline in the September 2020 quarter to its lowest level since 2014,” said Angela Lillicrap, HIA Economist.
Sydney’s prestige residential price growth forecast higher than global average: Knight Frank research
Sydney's prime residential market has remained strong in the face of the global pandemic, with predictions for price growth in 2021 higher than the global average, according to Knight Frank’s latest global research.
New research from Westpac shows that COVID-19 is continuing to shape Australian home ownership goals, with the number of first home buyers looking to enter the property market in the next five years doubling from 7 per cent before the pandemic to 16 per cent.
McGrath delivers another Blockbuster win as Queenslander’s Jimmy and Tam reap a record $1.066 million on the Block 2020
McGrath Founder and Executive Director John McGrath said “We’re absolutely delighted to be involved again with The Block which has gone from strength to strength every year since its inception.
The Real Estate Institute of Victoria revealed that the average Victorian home is spending just 33 days on the market before being sold, the lowest recorded since 2009.
REIV surveys Property Managers and the impact of COVID-19
Feedback gathered from REIV members has given us a valuable insight into the challenges that property managers faced due to disruptions caused by COVID-19.
Reduction in loan deferrals defies doom and gloom forecast: REIA
New figures from the Australian Banking Association showing that the number of deferred loans has fallen below 300,000 is positive news for property markets, according to the Real Estate Institute of Australia.