John McGrath – Why it’s safe to sell in this market
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, sellers can now enter the market with greater confidence knowing the new market levels have been established and a good quality marketing campaign and sales effort should deliver a positive...
Rental affordability sees slight improvement but no joy for mortgage holders - REIA
The Real Estate Institute of Australia’s (REIA) Housing Affordability Report (HAR) story for the December quarter 2022 is all about interest rates at 3.1% and increased home loan repayments, with no joy in sight for mortgage holders.
Investments still driving gender gap in home ownership - CoreLogic
CoreLogic’s 2023 Women & Property report released ahead of International Women’s Day, found men were associated with ownership of 3.1% more of the housing stock analysed than women.
Colliers report finds the Gold Coast riding out the great property correction of 2023
The great property market correction of 2023 has been kept at bay on the Gold Coast with research from Colliers revealing national house prices have fallen more than five times as much as Australia’s lifestyle capital.
Grim outlook for housing supply and affordability: ABS
Real Estate Institute of Australia (REIA) President, Hayden Groves said the latest ABS lending and building approval statistics released this week show that it’s time the RBA hit the pause button on further interest rate hikes.
Ray White Chief Economist Nerida Conisbee said a combination of increasing population and housing shortages were likely the main drivers for prices starting to rise.
More properties needed as rents soar to new record - REIWA
As Perth's median rent rose to a record $535 per week in February, REIWA CEO Cath Hart said WA needed 18,000 - 20,000 new rental properties to return to a balanced market.