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News

Running out of land

Land for new homes is not keeping pace with demand and, as a consequence, prices will increase further, new research predicts. The HIA-CoreLogic Residential Land Report shows that over the year to September 2021, the median price of land in…

Residential real estate skyrockets

Australia’s residential real estate market soared through 2021, with record-breaking sales and a meteoric rise in values, a new report shows. Aussie’s Property Market Update for January 2022 notes that the estimated value of residential real estate reached record highs…

The green indoors

Are you itching to start growing your own food but have no room for a garden? LG has you covered, with its latest invention unveiled at CES 2022 this month. LG’s ‘Tiiun’ (which means ‘to sprout’ in Korean) is a…

Home lending rebounds

Owner-occupier lending rebounded in November, according to data released this week by the Australian Bureau of Statistics (ABS). The latest figures show that the value of new loans for housing rose 6.3% to $31.4 billion in November 2021 (seasonally adjusted),…

What’s ahead in 2022

2021 was an unprecedented year for Australian housing markets, so what can we expect in 2022? Property valuation analysts Corelogic offer some predictions. Data collated for Corelogic’s Home Value Index in the final months of 2021 shows that the number…

Buyer preferences changing

Australia’s homebuyers have different priorities than they did two years ago, new research shows. A recent survey commissioned by national broker Mortgage Choice found that the demands of working from home over the last two years has changed homebuyers’ preferences.…

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