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Bumper settlement volumes recorded in December

Property sale settlements hit a two-year high across the country in December 2020 and surged in Victoria, driven by the easing of COVID-19 restrictions, according to PEXA.

Bumper settlement volumes recorded in December
30% growth set to materialise in 75% of regions

Property analysts believe that the RBA’s forecasted 30 per cent growth in property prices over the next three years will materialise in 75 per cent of Aussie regions.

30% growth set to materialise in 75% of regions
Melbourne boosts quarterly auction volumes

Auction volumes surged significantly over the December quarter across Australia, largely attributed to a “resurgence” in Melbourne, according to data.

Melbourne boosts quarterly auction volumes
Apartments drag down building activity

Dwelling unit commencements have continued to fall but the bright spot has been new private sector houses, figures have shown.

Apartments drag down building activity
Home buying intentions shrank in December

Plans to purchase a home declined in December 2020, while home loan application numbers also weakened compared with November, according to the CBA.

Home buying intentions shrink in December
HomeBuilder propels detached housing sales

December was the second strongest month for new home sales in the 20-year history of the survey, which was attributed to the HomeBuilder package, according to the HIA.

HomeBuilder drives 2nd highest month for detached housing
Hobart properties lead the way for profit

Properties in the Tasmanian capital continue to have the highest rate of profitability, according to new research.

Hobart properties lead the way for profit
Housing construction to ‘bottom out’ mid-2021

The construction of new homes in Australia is forecast to “get worse before it gets better”, according to Deloitte Access Economics, but should start to recover towards the end of the year

Housing construction to ‘bottom out’ mid-2021
Brisbane unit rental prices outrun Melbourne

Rental prices for apartments in Brisbane have surged, surpassing Melbourne levels for the first time in five years.

Brisbane unit rental prices outrun Melbourne
Housing policy must be ‘measured’, says REIA

The industry body for real estate agents has called for property policy commitments that consider all players in real estate, as the possibility of a 2021 federal election looms.

Housing policy must be ‘measured’, says REIA
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