Powered by MOMENTUM MEDIA
realestatebusiness logo
Home of the REB Top 100 Agents

The biggest real estate news – The week ending 20 November

By Kyle Robbins
18 November 2022 | 5 minute read
HotProperty 850x400 reb

“Historic” tax passes State Parliament, accelerating house price declines, and hidden RBA policy path forecasts: 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 landscapes. Here are the biggest property stories of the week:

==
==
  1.   ‘Historic’ stamp duty legislation gets green light in NSW

Six months after initially being proposed, NSW’s stamp duty reforms have passed the State Parliament.

  1.   RBA policy path forecasts ‘not for publication’

While the central bank will continue to publish forecasts regularly, it probably won’t be about its policy strategy, it has explained.

  1.   Canberra rental properties must be insulated from 2023

ACT rental properties will be subject to new minimum energy-efficiency standards from early next year.

  1.   Australia’s house price falls to accelerate, IMF warns

The world bank has warned the Reserve Bank of Australia must continue to “raise interest rates” to rebalance domestic demand and keep inflation anchored.

  1.   Interstate commercial lending alliance launched

Sydney’s Marketplace Finance and Victoria’s My Local Broker have joined forces to bolster MLB broker commercial loans.

  1.   Which regional markets are witnessing rapid declines?

Just three of Australia’s 25 largest non-capital city regions saw house prices rise or hold firm in the three months to October, according to CoreLogic.

  1.   4 ways real estate will evolve in 2023

An Australian network has forecast some changes to take place in the property market over the next 12 months.

  1.   New certification set to launch for brokers

A new certification ratified by the ACCC has been launched by the Certified Finance and Mortgage Institute of Australia in conjunction with the FBAA.

You are not authorised to post comments.

Comments will undergo moderation before they get published.

You need to be a member to post comments. Become a member for free today!
Do you have an industry update?