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The RBA admits that rapidly rising mortgage costs impacted the July cash rate call, borrowers increasingly go green and lawmakers are urged not to ignore retirees’ real estate habits as they look to tackle the country’s housing issues.
Welcome to Hot Property, REB’s weekly round-up of headline stories that are important not only for the real estate sector, but also for the state of the Australian property market as a whole.
To compile this list, we consider the week’s most-read stories and the news that matters to you, collating your need-to-know property report from across our site and sister brands. Here are the biggest stories of the week:
Record-high mortgage payments were factored into the central bank’s decision to hold the cash rate, per its minutes from the most recent board meeting in July.
An all-too-often overlooked cohort, industry advocates uncover why retirees are important in Australia’s housing equation for two main reasons.
As Australians grapple with rising energy costs home owners are looking for ways to increase energy efficiency in their homes, a new report reveals.
Ross McEwan, the chief executive at NAB, stressed the importance of increasing supply at a recent parliamentary hearing.
Research undertaken by the state showed that a majority of South Australians favour eliminating no-cause evictions in their tenancy laws.
Buyers around the world can expect to pay a premium for a waterfront property, yet nowhere is this surcharge more significant than in one Australian city.
The major bank has changed its RBA call and now believes a hold in August is most likely.
The state has revealed it’s sitting on millions in unclaimed rental bonds, urging everyone to check they’ve received what they’re owed.
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