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'Million-dollar median' creeping up

New research has reminded Aussies to play it safe with property purchases and borrowing in the near future, following a warning that house price growth is slowing and heading for a 'million-dollar median’.

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Vic listings Rampe down for grand final

A Victorian real estate agent has switched AFL team allegiances to barrack for her former assistant who takes to the field this weekend for the Sydney Swans in his first AFL grand final.

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Sydney vs Melbourne Super Saturday strikes

Sydney will host its first spring 'Super Saturday' of auctions this weekend, with record numbers of auctions expected for the usual pre-Labour Day long weekend climax to the early spring selling season.

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RBA warns on escalating property prices

In its biannual Financial Stability Review released yesterday, the RBA expressed further concern over soaring house prices and rapidly growing investor activity, saying they could pose risks to the economy.

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Private sales surge

Melbourne’s strong property market has highlighted a further trend for private sales increasing in a number of outer suburbs this year, says the Real Estate Institute of Victoria (REIV).

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Spring start sluggish

Estate agents across Sydney's lower north shore are predicting a slower start to the usually frantic spring season, citing an already tight market, strong winter sales and school holidays as factors that could drive the usual spring sales closer to Christmas.

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Foreigners jump 'generational queue'

Overseas buyers purchasing unit and apartment blocks off the plan and established housing in exclusive suburbs have been accused of "jumping the generational queue" and outpricing non-residents in the property market.

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Staggering growth in Qld listings

Growth in Queensland listings has eclipsed both Sydney and Melbourne, with one agency reporting a 47 per cent increase in listings compared to the same time last year.

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