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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 13 October.
Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector, but also for the state of Australian property more broadly.
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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 stories of the week:
Construction costs stabilise, bringing renewed demand
It appears the seemingly never-ending trajectory of Australia’s rising construction costs is drawing to a conclusion. Could this be the spark for increasing stock levels?
Repayments now ‘almost 10%’ of household income: RBA
Given the RBA’s persistent rate hiking cycle enacted over most of 2022 and early 2023, does this news come as a surprise to anyone?
CBA unveils new house value forecast for 2023
One of Australia’s big four banks has offered their predictions of where property prices may venture in the coming year.
REIV elects new president
One of the nation’s leading property institutes, the Real Estate Institute of Victoria, elected its next president earlier this week.
John McGrath: The market will reward the ‘brave’ who buy now
He’s one of Australian property’s prominent figures and this week John McGrath framed the Australian property market as both volatile and fragile. Comparing its current era to another economic whirlwind, the global financial crisis, Mr McGrath shared tips for buyers looking to be active in the current market.
History leaves clues – and the best investors know how to spot them
In the eyes of one prominent investor a belief that present conditions will remain forever is misguided and limiting for investors hunting success.
Major group goes ‘outside the box’ with former Mortgage Choice marketer
One of Australia’s leading real estate agencies has bolstered its marketing team in a left-field manner. Read more about the move and decision making behind it here.
Grading the Home Guarantee Scheme’s FY22–23 performance
How much did the Australian government’s housing scheme improve in the last financial year? Find out that and much more in this report diving into the figures provided by the National Housing Finance and Investment Corporation.
[RELATED: Hot Property: The biggest property headlines from week 2-6 October]
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