by Konrad Bobilak | Feb 13, 2017 | property
Melbourne’s February home auction market got off to a hot start as buyers pounced on the weekend’s significantly higher listing numbers. Melbourne reported a strong clearance rate of 78.5 per cent on Saturday, which was well ahead of the 70 per cent recorded the...
by Konrad Bobilak | Feb 6, 2017 | property
Skyrocketing rents in Hong Kong have seen a rise in the number of people living in “coffin” homes. With property prices jumping nearly 50 per cent since 2012, it is estimated more than 200,000 people now live like 61-year-old Ziwa Wong, in a tiny space that’s just 1.8...
by Konrad Bobilak | Feb 6, 2017 | property
Unseasonably festive season sales and auctions against record low stock levels gave house prices another price boost in January with Sydney and Melbourne recording the highest growth, Corelogic’s January Hedonic Home Value Index shows. Sydney posted a 1 per cent...
by Konrad Bobilak | Feb 6, 2017 | property
If you thought it was hard to get into the housing market, it may yet get worse unless the Federal Government changes tax policies to reduce investor demand. That is the warning of economists at Australia’s biggest mortgage lender, the Commonwealth Bank....
by Konrad Bobilak | Feb 6, 2017 | property
Australian financial intelligence officials last year investigated more than $3.3 billion of suspect transfers by Chinese investors — including $1bn invested in property — raising concerns that Australia’s foreign ownership laws are being sidestepped by people...
