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

The biggest real estate news – the week ending 30 June 2024

By Staff Reporter
28 June 2024 | 5 minute read
HotProperty 850x400 reb

Foreign buyers in full force, Tasmania says yes to pets, and is a rate hike on the cards?

Welcome to REB’s weekly round-up of headline stories that are important to both the real estate sector and the state of the Australian property market.

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:

==
==
  1. 5 surprises from the latest foreign buyer report

Foreign buyers are back in force with activity climbing 27 per cent, according to the latest data.

  1. Tasmania puts pets front and centre of new rental proposals

The Tasmanian government has announced a series of changes to tenancy laws to fulfil its election cycle promises.

  1. ACT home buyers to save thousands on stamp duty

The 2024–25 budget handed down by the ACT government on 25 June has substantially changed the territory’s home buyer stamp duty concession scheme.

  1. Will the RBA be forced to raise the cash rate?

A hotter-than-expected inflation print in May might spell dire news for mortgage holders.

  1. Retired and renting: Research reveals new retirement challenge facing Australians

One-third of Australians expect they will still be paying off their mortgage in retirement, according to new research.

  1. What’s the cost of the cultural fit?

In this network’s acquisition strategy, value alignment takes top priority.

  1. Which suburb is set to see the biggest property price growth this winter?

With culture, cafes and commerce, this area is attracting buyers in droves.

  1. Colder than Sweden? The truth about Australia’s homes in winter

No, you’re not crazy – your home really is too cold, and the World Health Organisation can prove it.

  1. 1 in 10 plan to spend tax return on mortgages

With tax return season around the corner, a survey has revealed how borrowers intend on spending their cash boost.

  1. House price forecast: What’s driving some areas to reach record highs?

A recent forecast of Aussie house prices has outlined some continued trends that could place pressure on buyers. With some parts of the country predicted to reach record highs, the future may be grim.

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?