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

The biggest real estate news – the week ending 17 November 2024

By Staff Reporter
15 November 2024 | 5 minute read
Hot property TA

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17 November.

To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also 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:

==
==

1. Wage growth ‘the lowest in 2 and a half years’: How will the RBA respond?

The latest data has shown a slight uptick in wages over the September quarter. However, it’s below expectations and some of the lowest gains we’ve seen in a couple of years.

2. NAB reveals property price predictions for 2025

The bank has shifted its forecast for the months ahead following data out of the September 2024 quarter.

3. Price mismatch: Where buyers and sellers are $500k out of step

A new industry report has revealed a significant gap between buyer expectations and listing prices for property around the Sydney CBD.

4. Investor activity is on the rise – but is it enough to offset those exiting?

New investor loans have surged by 18.8 per cent nationwide, with South Australia, Queensland and Western Australia leading the way in investor demand.

5. Treasurer establishes $900m productivity fund targeting housing

States will be rewarded for boosting approvals and cutting red tape to get more new homes on the ground.

6. Investors turn to SMSF to fund their next properties

A growing number of Australians have tapped into their self-managed superannuation funds (SMSF) to invest in properties for the past couple of years, new data has revealed.

7. Housing to influence the majority of Aussies next election

A new report has found that housing issues are set to be the most influential decider for Australians this coming election.

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?