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The biggest real estate news – The week ending 15 May

By Staff Reporter
13 May 2022 | 1 minute read

Marketing disputes, investment action, and some big business news: 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:

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  1. Deceptive marketing disputes rise in hot Qld market

A booming property market in South-East Queensland has brought with it a rising number of legal disputes over how properties are presented for sale, according to a local law firm.

  1. The 20 Australian suburbs ‘heating up’ this winter

The latest quarterly Well Home Loans Green Shoots report has identified 20 national markets that present ample investment opportunities as national markets cool.

  1. Stockdale & Leggo changes hands

It’s a changing of the guard for Peter Thomas, the agency’s long-time owner, who has revealed he’s stepping away from the business.

  1. Queensland confirms review into HomeBuilder applicants

The state’s Treasurer has announced that Queensland will be re-examining applications that were rejected under the HomeBuilder scheme.

  1. Australians tighten home-buying budgets

Spending on homes dropped in April, while Australians splashed on entertainment and travel, new data reveals.

  1. McGrath mega team hits $1bn milestone

Since officially merging 10 months ago, a multi-office group operating in Sydney’s west reports having transacted $1 billion in sales.

  1. Investor activity indicates where rentals are set to increase

Data just released by the Australian Bureau of Statistics (ABS) shows new lending to investors is on an upswing. Examining their areas of interest, an economist has pinpointed where an uptick in rental listings might follow.

  1. Brisbane property market update – April 2022

The Brisbane property market has again recorded strong price growth throughout the month of April 2022, according to the CoreLogic Hedonic Home Value Index, with dwelling price growth of 1.7 per cent. 

  1. Time taken to save a deposit hits record 11.4 years

Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11.4 years, according to a new ANZ-CoreLogic report.

The biggest real estate news – The week ending 15 May
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