The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 21 November.
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:
Drop in unemployment reduces chance of near-term rate cut
A larger-than-expected decline in the unemployment rate has dampened hopes of further rate cuts in the coming months.
Another major bank rules out more rate cuts
A drop in unemployment has prompted another big four bank to signal that there will be no further rate cuts.
Turnarounds blowout as loan demand soars
Brokers are reporting delays in turnaround times across the lending market, as home loan demand ramps up.
Aussie launches white label product to address deposit barrier
The major brokerage has launched a new white label lending solution designed to enable eligible customers to enter the property market sooner.
Boom in the bush: Regional property values skyrocket at 3-year high
Regional dwelling values across the country have been soaring at their fastest pace in over three years, with Western Australia setting the benchmark.
Victoria surges ahead as fastest-growing investor market
Victoria has emerged as the fastest-growing investor segment, with double-digit loan growth, poised to reclaim its position as Australia’s second-largest landlord market by year’s end.
Renewed optimism: Gen Z to spark shift in housing market
Optimism has been growing among Gen Z home buyers despite facing significant financial hurdles, with one in three planning to buy a property in the next few years.
Bid bold or go home: Top tips for auction success
With Australia’s auction market hotter than ever, buyers have been urged to bid boldly and push rivals to the limit, according to a leading NSW auctioneer.
[Related: Hot Property: The biggest property headlines from the week 10–14 November]
