Melbourne family homes have the fastest growing prices in the country
New data from the REIV shows three and four-bedroom homes in middle-ring suburbs are the fastest growing property type in Melbourne, which itself is the fastest growing market in the country.
Low inflation data suggests interest rates likely to remain low: REIA
Inflation rose 0.2 per cent in the June quarter, making an annual increase of 1.9 per cent, suggesting that interest rates will remain low for some time, says Malcom Gunning, president of the REIA.
The Ray White Group, Australia's largest real estate network, reported sales of a record $44.7 billion in the 2016-17 financial year, with Sydney, Melbourne, Auckland, the Gold Coast and regional NSW the standout markets.
'Super City' Sydney seventh on Knight Frank foreign investment list
Knight Frank's inaugural report, Active Capital – The Report 2017, which looks at foreign commercial real estate investment in ten 'Super Cities', lists Sydney in seventh place.