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Hot Property: The biggest property headlines from the week 7-11 February

by reporter11 minute read
Hot Property: The biggest property headlines from the week 7-11 February

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 11 February.

Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the mortgages sector, but also for the state of property in Australia more broadly.

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

Here are the biggest property stories of the week:

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NAB tips house price turning point in late 2022

The big four bank has predicted house price growth will moderate later in the year, in tandem with the Reserve Bank of Australia kicking up the cash rate.

BresicWhitney looks outside founding members for new CEO

The independent Sydney real estate group has named its newest chief executive from within its own ranks.

Tasmania launches support for customers of failed builders

The Tasmanian state government has kicked off a financial assistance package for around 50 property buyers left in limbo, after two construction companies went under.

Did a viral video expose the need for landlord registries?

After comedian Tom Cashman’s experience requesting a reference for the landlord of a property he was applying to rent went viral on TikTok, a debate has surrounded the question of whether this practice should be normalised, or even encouraged.

Australia’s clearance rates continue to climb upwards

The number of cleared properties is continuing to trend upwards, according to new CoreLogic auction data, yet it remains down from last year.

Property spending more than doubled in 2021

Australians spent more than $688 billion on property in 2021, growing a “massive” 57 per cent in 2021 – according to PEXA’s latest report.

REIWA finds new CEO with longstanding state ties

The Real Estate Institute of Western Australia (REIWA) has appointed a new chief executive, recruiting a state leader from the Housing Industry of Australia (HIA).

20 suburbs predicted to see the highest growth in 2022

Off the back of a record year for market growth, experts are watching closely to see what prices will do in 2022. Even with the speed of increases slowing down, some suburbs are certain to see levels of growth surpassing the figures of 2021.

Brisbane property market update January 2022

In the first month of 2022, Brisbane has again cemented its place as the fastest-growing capital city throughout Australia. 

Sydney real estate office looks to close the super gap

One real estate office is making strides to bridge the superannuation gap by offering a lump sum super payment to carers who take time off for parental leave.

[Related: Hot Property: The biggest property headlines from the week 31 January to 4 February]

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