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Home buying intentions spike in February

Home buying spending intentions rose further in February, with the home buying market expected to play a key role in supporting the economy in 2021, according to CBA research.

Home buying intentions spike in February
Auction volumes second-highest year-to-date

Auction volumes spiked across the combined capital cities last week to the second highest number of weekly auctions over the year-to-date, according to figures.

Auction volumes second-highest year-to-date
Sydney property prices reach new record high

Sydney property prices have recovered from a slump in 2019 and during the COVID-19 crisis to reach a new record high, according to CoreLogic.

Sydney property prices reach new record high
PEXA partners with homelessness organisation

The digital property settlement service provider has formed a funding partnership with an organisation that tackles homelessness in Australia.

PEXA partners with homelessness organisation
Housing affordability declines sharply in regions

Housing affordability in regional Australia has deteriorated amid the shift in preferences for regional areas during the COVID-19 crisis, according to HIA data.

Housing affordability declines sharply in regions
Rising house prices temper buyer interest: Westpac

Tensions are emerging in the housing market, which may point to an “emerging squeeze” on affordability from rising prices, according to Westpac.

Rising house prices temper buyer interest: Westpac
Sellers keen to sell homes but hold off: survey

More than half of all home owners said that they are delaying listing their property despite an overall increase in selling intentions, according to research.

Sellers keen to sell homes but hold off: survey
Cities chalk up over 80% auction success rates

Auction clearance rates exceeded 80 per cent across the capital cities last week, although a public holiday across some parts dampened volumes, according to data.

Cities chalk up over 80% auction success rates
REA Group appoints data officer at PropTrack

The property services group has appointed a former CoreLogic executive to its newly created role of chief product, data, and insights officer within its PropTrack business.

REA Group appoints data officer at PropTrack
LATEST PODCAST: Why are female broker numbers falling?

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Why are female broker numbers falling?
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