Login
iscover
An aggressive cash rate decision, a fall in lending, and a new housing legislation review: here are the biggest property and real estate stories from the past week.
Welcome to REB’s weekly round-up of the headline stories and news that are important not only for the real estate sector but also for the state of property in Australia more broadly.
To compile this list, not only do we consider the week’s most-read stories and the news that matter to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape. Here are the biggest property stories of the week:
Amid much speculation, the Reserve Bank of Australia has handed down its last cash rate for the 2021-22 financial year.
The major bank has updated its Australian property forecast, stating that homes across the country’s capitals will fall by potentially 10 per cent.
Three Australian capitals cracked the top 20 list of global cities that have recorded the strongest property price growth in residential prices over a 12-month period, according to a new report.
Following the Reserve Bank of Australia’s decision to increase the cash rate by its greatest amount in over 20 years, several lenders have already begun hiking mortgage rates.
Owner-occupier and investor loan commitments fell over the month, affirming earlier predictions of a cooling housing market.
Tasmania has invited the public to review its housing legislation, as it pledges to increase supply of social and affordable housing.
Australia’s housing boom has crashed into the wall, with a new PropTrack analysis suggesting that growth has dropped to its slowest since 1989.
Business development managers (BDMs) are integral to the success and growth of a real estate office, yet their training is often lacking, according to a network’s growth and development manager.
You are not authorised to post comments.
Comments will undergo moderation before they get published.