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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16 December.
Welcome to The Adviser’s weekly round-up of headline stories and news that are important not only for the mortgages sector but also for the state of property in Australia more broadly.
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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:
Rent bidding to be outlawed in NSW
“An advertised rental fee should be just that,” claimed NSW Premier Dominic Perrottet as he announced the regulatory changes.
Commercial real estate lending ‘growing strongly’, finds APRA
The banks continue to increase their exposures to commercial property, with actual exposures up 10 per cent, according to APRA.
Busiest auction week in 7 months brings lowest PCR since July
Despite more auctions occurring this week across the country since the end of May, CoreLogic explained no other week had returned less successful results than the one ending 24 July.
Which cities saw capital growth of almost 50% through the pandemic?
A new report has revealed just how much capital growth was achieved by investors across Australia’s capital cities and regions in the latest property cycle.
Build-to-rent ‘has more legs to run’
New analysis has painted the build-to-rent (BTR) sector as “an investment theme not to be ignored” over the coming years.
PCA: Property has role to play in Australia’s environmental future
Following the federal government’s announcement of its “Nature Positive Plan: Better for environment, better for business”, the Property Council of Australia (PCA) has said industry consultation is key.
2022: A year unlike any other in property
Surging inflation, eight consecutive interest rate hikes, and deteriorating affordability drove a shift in Australia’s 2022 housing market performance, the end-of-year data reviews.
Rate rise ‘early effects’ in home sales deeper decline
New home sales slumped in November, as rising rates place a stranglehold on new construction, latest HIA data has revealed.
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