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Hot Property: The biggest property headlines from week 24–28 July

by Adrian Suljanovic11 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 28 July.

Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector but also for the state of Australian property more broadly.

To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

Here are the biggest stories of the week:

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Brokers needed amid economic slowdown: NAB

More borrowers are turning to brokers as economic uncertainty persists, NAB’s latest trend report for brokers has revealed.

Mortgage arrears highest in outer regions of capitals: S&P

The south-west of Sydney has the highest home loan arrears of any capital city, according to new data from S&P Global Ratings.

Demand for new dwellings eases: CPI data

While the demand for new dwellings has eased, today’s inflation data showed that new homes purchased by owner-occupiers increased over the June quarter.

RBA releases meeting dates for 2024

The Reserve Bank of Australia has revealed the dates for its eight meetings in 2024.

35,000 rental properties lost to interest rate surge: Report

A new report directly linked the worsening rental crisis to the Reserve Bank’s monetary policy tightening, with the rate rises named as having a hand in the reduced availability of rental properties in the market.

‘Everything is on the table’ as Victoria promises housing policy shake-up

Victorian Premier Dan Andrews has indicated that a forthcoming raft of policy measures could include limits on rent rises.

Rising rents to slow as mortgage rates taper off in 2024: CoreLogic

The current high level of rental growth is expected to ease next year, as interest rates come close to peaking and the supply of homes improves, according to an expert.

Which FAST 50 suburbs defied the national downswing?

In a year when price declines became normality, these five Smart Property Investment FAST 50 suburbs bucked the national trend to report incredible price growth relative to economic conditions.

[RELATED: Hot Property: The biggest property headlines from week 17-21 July]

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Adrian Suljanovic

AUTHOR

Adrian Suljanovic is a journalist on Momentum Media's mortgages titles: The Adviser and Mortgage Business.

Adrian has written for a range of titles under the Momentum Media umbrella such as IFA, Investor Daily and Lawyer’s Weekly before joining the mortgages team in 2022.

He graduated from the University of Wollongong in 2021 gaining a Bachelor of Communication & Media with a major in Digital & Social Media.

E-mail Adrian at: [email protected]

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