A 78.5 per cent preliminary clearance rate was recorded across Sydney this week, making it the best performing capital city according to preliminary results, up from last week’s 72.8 per cent final clearance rate, according to CoreLogic.
Infrastructure Australia CEO gears up to improve collaboration and coordination
"Our population is growing and changing, the structure of the economy is shifting, and rapid technological change is fundamentally reshaping our day-to-day lives," Infrastructure Australia Chief Executive Romilly Madew told WILLIAMS MEDIA.
Among the amendments, a new section has been included in the PSBA Act that defines a disqualified person as one that fails to comply with section 111 to have an audit of the records and documents relating to trust money carried out within the required time.
Shortage of land drives prices up, as land sales fall
Residential lot sales across Australia reached a record low of 7,236 in the March 2019 quarter, almost 50 per cent below the average of the past decade of 13,682.
Positive signs starting to emerge in Perth rental market - REIWA
New data from the Real Estate Institute of Western Australia has shown the Perth rental market held onto its first increase in median weekly rent prices since the December 2016 quarter.
CoreLogic Mapping the Market Report indicates decline in affordable housing "much less severe"
CoreLogic head of research Cameron Kusher said the geographical context of the housing market provides a relevant perspective on the performance of the housing market and the spatial distribution of housing values.
Mortgage Choice data shows fixed rate demand lowest in eight years
June approval data revealed that variable rate demand was highest in Victoria, where 86% of borrowers opted for this type of product. This was followed by South Australia (82%), Western Australia (79%), Queensland (77%) and NSW (76%).
House price expectations become positive, yet housing affordability remains a big issue
Respondents across NSW, VIC, QLD are predicting prices to go up, and more people in NT, TAS, NSW, and VIC are predicting prices will no longer fall, according to ME Quarterly Property Sentiment Report.