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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 30 May.
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 property stories of the week:
Housing crisis deepens amid affordability woes and supply shortfall
Sluggish new house supply has exacerbated affordability problems for prospective home buyers.
Rentvesting appeal rises as first home buyers feel affordability squeeze
More first home buyers are turning to ‘rentvesting’ to get onto the property ladder, with members of industry suggesting this will only gain in popularity.
Housing policy now under single portfolio
Several key housing policy functions have been reallocated and now fall under a single portfolio within the federal government.
Investor exodus threatens rental supply, REINSW warns
The Real Estate Institute of NSW has reported a sharp decline in investor activity, leading to increased rental pressure, urging government collaboration and data-driven policy reforms to boost rental supply and investment while protecting tenants’ rights.
Inflation stays steady, leaves door open for future cuts
New data shows headline inflation for May was unchanged, but underlying inflation inched up, cementing calls for future rate reductions.
Competition heightens as buyers surge into the market
Following the latest RBA rate cut, buyer sentiment has increased, with one-third of Australians believing now is a good time to buy a dwelling.
Auction market surges after May rate cut
Auction markets have responded positively to the recent May cash rate cut, with the volume of auctions and preliminary clearance rate surging across the combined capital cities last week.
Green is gold: Energy-efficient homes selling for 14.5% more nationally
Energy-efficient homes have been fetching premium prices nationwide as buyers have turned to green energy and environmentally friendly dwellings, a new Domain report revealed.
[Related: Hot Property: The biggest property headlines from the week 19–23 May]
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