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Property price predictions drop, the idea of a landlord registry is refloated, and several new chief executives are named: here are the biggest property and real estate stories from the past week.
Welcome to REB’s weekly round-up of the headline stories that are important not only for the real estate sector but also for the state of property in Australia more broadly.
Here are this week’s biggest stories:
The big four bank has predicted house price growth will moderate later in the year, in tandem with the Reserve Bank of Australia kicking up the cash rate.
The independent Sydney real estate group has named its newest chief executive from within its own ranks.
The Reserve Bank has emphasised the importance of lending standards as housing and business loans have bounced back following lockdowns.
The Tasmanian state government has kicked off a financial assistance package for around 50 property buyers left in limbo, after two construction companies went under.
After comedian Tom Cashman’s experience requesting a reference for the landlord of a property he was applying to rent went viral on TikTok, debate has surrounded the question of whether this practice should be normalised, or even encouraged.
Australians spent more than $688 billion on property in 2021, growing a “massive” 57 per cent in 2021 – according to PEXA’s latest report.
The Real Estate Institute of Western Australia (REIWA) has appointed a new chief executive, recruiting a state leader from the Housing Industry of Australia (HIA).
Off the back of a record year for market growth, experts are watching closely to see what prices will do in 2022. Even with the speed of increases slowing down, some suburbs are certain to see levels of growth surpassing the figures of 2021.
In the first month of 2022, Brisbane has again cemented its place as the fastest-growing capital city throughout Australia.
One real estate office is making strides to bridge the superannuation gap by offering a lump sum super payment to carers who take time off for parental leave.
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