Five things to know about the WA real estate market
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Sharing this interesting read, especially for those having difficulty navigating WA property market. This article by REIWA will help you know what are the 5 things that you should take note of in the current state of the WA real estate market! 😉 #REIWAReads #WARealEstate #WesternAustraliaRealEstate #PropertyManagement #RealEstate
Five things to know about the WA real estate market
reiwa.com.au
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After my recent trip to #perth I do stand by the Valuer’s thoughts on the expected growth. Largely based on how readily available a $500k home I can be found which leases out for $650+ per week. It’s a highly affordable to purchase for occupying or invest. Only time could tell. #australianrealestate #growth #propertyinvestment #perth #sydney
Reporter at Australian Financial Review, Ex CNN & CNBC, Former Editor of Your Investment Property magazine
What do property valuers expect in the next 12 months? Based on what they’re seeing on the ground day in and day out, they are tipping Sydney, Perth and Adelaide housing markets to post the strongest growth. Do you agree? Thanks to Sameer Chopra at CBRE for sharing this exclusive survey of property valuers. #sydneypropertymarket #perthproperty #houseprices
Sydney, Perth and Adelaide housing markets tipped to outperform
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Winnipeg's real estate market continues hot trend Contact me to discuss the latest scoop in real estate! #manitoba #manitobahomes #manitobarealestate #manitobarealtor #manitobahousing #manitobarentals #housing #realestate #realtor #manitobarealtor
Winnipeg's real estate market continues hot trend
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Detached homes on Mississauga real estate market increasingly defined by huge price swings Contact me to discuss the latest scoop in real estate! #torontorealestate #mississaugarealestate #bramptonrealestate #realestate #realestateagent #realestateinvestor #luxuryrealestate #realestateexpert #realestatenews #home
Detached homes on Mississauga real estate market increasingly defined by huge price swings
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What do property valuers expect in the next 12 months? Based on what they’re seeing on the ground day in and day out, they are tipping Sydney, Perth and Adelaide housing markets to post the strongest growth. Do you agree? Thanks to Sameer Chopra at CBRE for sharing this exclusive survey of property valuers. #sydneypropertymarket #perthproperty #houseprices
Sydney, Perth and Adelaide housing markets tipped to outperform
afr.com
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Areas where homes sell fastest – and slowest – revealed https://lnkd.in/esNg-nfi #Property #HousingMarket #TransactionSpeedIndex #OnTheMarket
Areas where homes sell fastest – and slowest – revealed - Property Industry Eye
https://propertyindustryeye.com
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Property prices have reached another record high across the country, with some unlikely contenders now snapping at the heels of their pricier rivals. Perth, Adelaide and Brisbane remain the strongest markets over the past year with prices up 16.32%, 12.76% and 12.16% respectively. Summary: - Property prices have hit a new record high nationally, with Perth, Adelaide, and Brisbane leading the way with strong growth rates. - Brisbane's home values are on track to surpass Melbourne's, with prices up 60.7% since March 2020 compared to Melbourne's 16.5% increase. - Brisbane's affordability relative to Sydney is narrowing, with the city experiencing record population inflows since the pandemic. - Perth is gaining strength relative to Hobart, with record-low choice for buyers leading to a sellers' market. Battle of the cities: Brisbane homes now as pricey as Melbourne, Perth powers ahead - realestate.com.au - Hobart, once a strong performer, is now facing falling prices and could soon become the second cheapest capital city market behind Darwin. https://lnkd.in/gj2SUMrz
Search for Real Estate, Property & Homes - realestate.com.au
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Prestige property is alive and well in Australia. In the grand circus of today’s real estate market, it's truly mind-boggling how a house facing the river can cost a whopping 30% more than one just one hundred meters away, gazing longingly at its neighbour’s backyard. Sure, back in the day, rivers were the lifeblood of trade routes, bustling with merchants, explorers, and strategic battles. But today, unless you’re planning to reenact the Spice Trade from your living room, the extra cost is sometimes hard to wrap your head around. The new Prestige Property Report released by Westpac Private Bank and CoreLogic Australia identified a 159% increase in $5m+ property sales for the period 2019-2023. Sales over $10m increased by almost 200% and over $20m increased by 100%. The majority of these are waterfront. Scarce or not, paying hundreds of thousands more for a watery outlook feels like buying a golden ticket to the Land of Overpriced Views. It’s as if the river is sprinkled with magical real estate fairy dust that turns ripples into riches. Meanwhile, the house a stone’s throw away, devoid of this liquid luxury, is left feeling like the Cinderella of the housing market. This supernatural value-add gives banks and valuers a splitting headache as it simply doesn't fit on a spreadsheet. Land is quantitative, the build is quantitative…but the view? Surely, that’s a guess at best. How do you quantify the price of sunset reflections or the soothing sound of flowing water? It’s like trying to put a price tag on a dream—beautiful, subjective, and utterly baffling to the number crunchers. In the topsy-turvy world of real estate, the difference between a million-dollar view and a view of the million-dollar home across the street is just a few steps and a whole lot of imaginative valuation. None the less, as agents, valuers, or even prospective buyers, we must somehow rationalize this age-old phenomenon and, if you’re a buyer, pay the price. Because if you don’t, someone else will. The Agency - WA The Agency Real Estate Australia CoreLogic Australia Westpac Private Bank Tim Lawless Photo credit: @stumckay
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Perth's real estate market sees record-breaking trends in March 2024! 🏡📈 Median house prices surged to $620,000, up 2.5%, while unit prices climbed to $420,000, up 1.2%. With WA's population booming and housing supply tight, demand remains robust, driving prices up. Despite interest from Eastern States investors, local buyers lead the charge, often paying premiums driven by emotional connections. Notable growth in suburbs like Yangebup, Camillo, and Mount Pleasant reflects this trend. Homes are selling fast, with a median time of just eight days for houses and ten days for units. Rental market trends echo the sales market, with median rents reaching $649 per week, up 18% year-on-year. As supply struggles to keep pace with demand, both sales and rental markets are expected to remain dynamic in the coming months. Source: https://lnkd.in/g3YmHfaA Follow us for more latest news! #betterway2build #firsttimehomebuyersgrant #buildingbrokerinaustralia #buildingbrokerinwa #buildingbrokerperth #perthbuildingbroker #buildingbroker #realestate #propertyinvestment #firsthomebuyer #homeownershipjourney
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🏡 Discover the Latest Insights into Toronto's Real Estate Market for June! 📈 As we transition into June, staying informed about the latest trends and developments in Toronto's real estate market is crucial for anyone interested in buying, selling, or investing in property. Our latest blog post delves into key factors shaping the market this month. 🔍 GTA Market Key Highlights: Total Properties Sold: 7,013 Average Sales Price: $1,165,691 Average Days on Market: 19 days New Listings: 18,612 🏘️ Toronto Market Breakdown by Property Type: Detached Homes: 851 sold, average price $1,826,370 Semi-Detached Homes: 274 sold, average price $1,416,496 Townhomes: 255 sold, average price $1,044,874 Condos: 1,297 sold, average price $767,064 💼 Looking for More Insights? Read the full blog post for detailed analysis and expert insights from Valerie Gerardi: https://lnkd.in/eK-T3qdn Don't miss out on the latest updates! Stay informed and make confident decisions in Toronto's dynamic real estate landscape with Valerie Gerardi. #TorontoRealEstate #MarketUpdate #RealEstateTrends #ValerieGerardi #ExpertInsights #Homebuying #Homeselling #Investing #TorontoHousingMarket
June 2024 Real Estate Market - Toronto Market Update | Gerardi Real Estate
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