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  • Buyers remain out in force

    With a long weekend in most states, the volume of auctions remained relatively low today but strong buyer numbers pushed prices up and the Ray White Group cleared 64 per cent of its auction stock.

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  • Renewed focus for Ray White Nundah

    An exciting new chapter for Ray White Nundah has commenced, as Benson Spong takes over the reins from long-time owners Anthony and Andrea Clark, bringing a fresh wave of energy and ambition to the local real estate scene.

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  • Ray White House Price Report

    erida Conisbee Ray White Group Chief Economist Cheaper properties saw the strongest price growth over the past 12 months with houses in the lowest percentile increasing by 12.2 per cent. In comparison, our most expensive homes have seen a price slowdown, perhaps now reflecting the prolonged impact of higher interest … Read more

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  • No cut but pressure is building

    Australia hasn’t yet joined much of the rest of the world in cutting rates but pressure is building. Monthly inflation came in at 3.5 per cent in August, now just above the Reserve Bank of Australia’s upper limit of three per cent.

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  • Ray White celebrates its 2024 international winners

    Brian White, chairman of leading Australasian real estate group Ray White said he is absolutely overjoyed to reflect on the remarkable success of our top performers who were recognised for their hard work through the group's international awards.

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  • With a rate cut imminent, what would be the impact on house prices?

    Nerida Conisbee Ray White Group Chief Economist With inflation now edging towards three per cent and markets are now pricing in potentially four rate cuts next year, it is possible that we will see a rate cut before the end of the year. With Australian house prices remaining highly divergent between … Read more

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  • House or Apartment: Which 2014 purchase would have paid off better today?

    Nerida Conisbee Ray White Group Chief Economist The perennial debate between choosing a house or an apartment continues to challenge home buyers, each option presenting its own set of trade-offs. Houses typically offer more space and privacy, but often at the cost of a less central location. Apartments, while generally … Read more

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  • Housing Squeeze

    Nerida Conisbee Ray White Group Chief Economist Housing squeeze. Despite widespread belief Baby Boomers are primarily responsible for Australia’s housing market woes, the reality is far more complex. Many young Australians point to this generation’s property wealth as a key factor driving up house prices and reducing affordability. However, a … Read more

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  • An uncomfortable truth about achieving housing affordability

    Nerida Conisbee Ray White Group Chief Economist There have been a lot of people, events and policies blamed for Australia’s low levels of housing affordability. Ranging from negative gearing, high interest rates, investors, developers, migrants, students, planners, government and the list goes on. And while the reasons are complex, there … Read more

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  • Ray White Property Price Report: Capital city price growth diverges

    Nerida Conisbee Ray White Group Chief Economist Perth, Adelaide and Brisbane continued their runaway growth in May with all cities now recording year-on-year growth of in excess of 14 per cent. Perth continued its strong run with prices up over 24 per cent over the past year for houses and … Read more

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  • $11.3 billion for “Homes for Australia” but more help still needed to hit 1.2 million houses goal

    Nerida Conisbee Chief Economist The main housing related announcement was a new $11.3 billion “Homes for Australia” plan. This includes $9.3 billion over five years to combat homelessness, provide crisis support and build and repair social housing, $1 billion to build infrastructure such as roads, sewers and community infrastructure and … Read more

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  • House prices will continue to rise until construction woes end

    Construction problems started during the pandemic. Blocked supply chains and high levels of global demand meant that the price of materials increased. The slow down in materials coming into the country impacted productivity with projects taking longer to finish as a result. At the same time, a labour shortage became … Read more

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  • Rental growth is decelerating

    It has been a tough four years for renters. Since the start of the pandemic, rents have risen on average $200 per week across Australia. Perth has topped the list, with an increase of $280 per week. Hobart has seen the lowest at $100 per week. Interestingly, the comparative strength … Read more

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  • Older Australians much happier than young

    Gallup’s World Happiness report for 2024 was recently released. Australia is one of the happiest countries in the world, ranking 10th globally. Overwhelmingly, the happiest countries tend to be small, with populations under 15 million people. Only the Netherlands and Australia could be considered large countries in terms of population … Read more

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