House prices have risen in the September quarter according to the ABS.
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House Prices Rise
Tag: Housing
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Building Approvals Plunge
Building approvals have plunged by over 8% on a seasonally adjusted basis. Not a confident sign for the economy.
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Ralan Group to Wind-Up
Creditors are being asked to vote to wind up the Ralan Group.
Apartment and housing developer Mirvac has declared the housing slump over and is continuing to land bank.
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2020 Bumper Property Year
Domain is using a listing rise to predict a bumper year for property in 2020.
#RealEstate #Property #HeiseSays Over and incorrect valuations present a serious risk to the economy. References Valuations and value could have a serious impact on how much super you really have. Here’s why https://www.abc.net.au/news/2019-11-11/valuations-and-value-can-superannuation-funds-avoid-meltdown/11691100?section=business
#RetailRecession #Economy #HeiseSays Let’s have a look at the KP Centre in Shailer Park south of Brisbane and see how a shopping centre can adapt to the loss of their anchor tenancy. References
#Housing #Economy #HeiseSays A new housing boom is being predicted for Australia. References Australian property: New record housing boom for most capital cities ‘just months away’, industry data reveals https://www.realestate.com.au/news/australian-property-new-record-housing-boom-for-most-capital-cities-just-months-away-industry-data-reveals/?rsf=syn:news:nca:news:spa:strap
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Dwelling Approvals Down 21%
#Construction #Property #HeiseSays Dwelling approvals have dropped over 21% when compared to this time last year. References
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Melbourne’s 25% Property Crash
#RealEstate #Property #HeiseSays Sales have dropped by over 25% in Melbourne’s outer suburbs. Are we in the middle of a two-speed housing “boom”? References https://www.theage.com.au/politics/victoria/outer-suburbs-lead-melbourne-property-sales-freefall-20191030-p535vz.html?fbclid=IwAR3SGPM0_qb3DYwiR4M3X_KmawhlQcT6F_8HNNGgnZ2O_ApfP5ZJUzeQrDQ