The biggest real estate news – The week ending 11 December
The RBA continues its rate hike cycle, and the Christmas countdown is on: 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.
The Reserve Bank of Australia (RBA) has handed down its final cash rate decision for 2022.
LJ Hooker Group’s boutique brand is gearing up to franchise “strategically and selectively” across the country.
Established suburbs with a median house price below $500,000 will be the big winners of the West Australian property market over the next 12 months, according to a local expert.
Household Capital will now provide both federal government Home Equity Access Scheme and household loans to older Aussies, it has announced.
The Financial Sector Reform Bill 2022 was passed by Parliament today (6 December) to improve national credit laws in regard to payday loans and consumer leases.
“It’s not what you make; it’s what you keep that counts,” is the message from One Agency chief executive officer Paul Davies.
Despite property prices falling this year, it would cost a Queensland borrower 40.3 per cent of their income to service a new mortgage, according to a new report.
Over half a century after the network opened its first-ever office in Potts Point, Laing+Simmons has revealed its re-entrance into the vibrant inner Sydney suburb.
Treasury has reacted to the RBA decision assessing a 2023 economic slowdown, but for ‘how long?’ And ‘by how much?’, economists have posed.
Originally published by Real Estate Business
