Vacancy rates ease slightly, but demand continues to escalate - REINSW
The latest REINSW Vacancy Rate Survey results show that residential vacancies in Sydney bounced back slightly in June 2022 after recording a five-year low in the previous month.
John McGrath – Hunter Valley, Gold Coast & Launceston among top growth regions
John McGrath, Chief Executive Officer of McGrath Estate Agents takes a look at the No. 1 regional growth markets in the three states represented in the top 10, NSW, Queensland and Tasmania.
No reprieve for home builders as construction costs continue rising
CoreLogic’s Cordell Construction Cost Index (CCCI) for Q2 2022 showed national residential construction costs increased 10.0% over the 12 months to June 2022, the highest annual growth rate on record outside of the introduction of the GST (10.2% over the year to March 2001).
Lending values rise as listing numbers start to fall - REIA
The Real Estate Institute of Australia (REIA) said the latest Australian Bureau of Statistic (ABS) lending figures show the value of new housing loan and investment loan commitments rose over May 2022 including new loan commitments to first home buyers.
John McGrath – The emergence of the co-primary residences for commuters
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, with companies asking staff to retrun to CBD offices, we’re starting to see dual home owners splitting their time between their city and regional homes equally.
Home Value Index shows Australia’s housing downturn builds momentum in June
Home Value Index shows Australia’s housing downturn builds momentum in June, driven by sharper falls in Sydney and Melbourne and weakening conditions elsewhere.
The Real Estate Institute of Australia has today (29 June 2022) released a groundbreaking report to support blockchain adoption by Australia’s real estate agents and agencies.