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Auction Markets Pick Up

Auction Markets Pick Up

Capital city auction markets are strengthening, with week-on-week increases in auction volumes and Sydney recording its first clearance rate above 60% since last July.

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Consumer Confidence Rises

Consumer Confidence Rises

Consumer sentiment has improved, with economists attributing the rebound to a change in views on interest rates, with most people now expecting rates to remain on hold or fall.

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National Vacancy Rates Decline

National Vacancy Rates Decline

The national vacancy rate declined to 2.2% in January, from 2.5% in December, a SQM Research report says. Four of the eight capital cities have vacancies below 2%.

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Auctions Bounce Back After Shutdown

Auctions Bounce Back After Shutdown

An increase in auction volumes across the country last weekend resulted in a rebound in market confidence following the seasonal shutdown, with Sydney recording its highest preliminary clearance rate since...

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Will Home Loans May Become Easier?

Will Home Loans May Become Easier?

The Royal Commissions’ recommendation may affect home loan in a positive way. According to one of the big four banks home loans will be bit easier.

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CBA Chief Highly Optimistic On Market

CBA Chief Highly Optimistic On Market

Commonwealth Bank CEO Matt Comyn doesn’t expect house prices to fall much this year and has expressed confidence in the health of the economy and the availability of credit.

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RBA Hints At Rate Cut

RBA Hints At Rate Cut

The Reserve Bank of Australia may ignore the official interest rate to its lowest level since the 1950s, just months out from the Federal Election.

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Investors Positive Outlook On Prices

Investors Positive Outlook On Prices

Most investors are not too concerned with the state of the market, many believing that the lowest of the price falls in Sydney and Melbourne have already happened, according to...

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Westpac Boss Rejects Blame

Westpac Boss Rejects Blame

Westpac chief executive Brian Hartzer has rejected claims that the Big Four banks are worsening the housing price slump in Sydney and Melbourne by cutting off credit.

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Most Buyers Use Mortgage Brokers

Most Buyers Use Mortgage Brokers

The Banking Royal Commission report proves that even within regulated environments lawlessness can be rife, says Property Investment Professionals of Australia.

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Loans To Cost More In The Hands Of Big Banks

Loans To Cost More In The Hands Of Big Banks

Australia’s mortgage broking industry has criticised the Banking Royal Commission report, saying a move to overhaul how brokers are paid will make loans more expensive by entrenching the power of...

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