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Unit demand is rising as apartment completions plunge and Perth’s market continues to boom. Meanwhile, homebuyers face fierce competition even in so-called “secret” suburbs. Stay on top of the trends shaping Australia’s housing market right now.
– The HomeGuru Team
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Auction Clearance Rates
Investors
Apartment completions plunge 40 per cent as units outperform houses in supply-starved markets (Ray White)
The graphs that show it’s a landlord’s market – and has been for decades (Domain)
Buyers turn to units as Perth housing market booms, REIWA data shows (SPI)
Incredible detail behind $8m holdout house (News)
Latest Building Activity data shows we're way behind the Housing Accord Target (OzProperty Insights)
A MESSAGE FROM MOOVE
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Home Buyers Around the Country
‘A bit of a secret’: Sydney suburbs where home owners stay the longest (Domain)
‘Unliveable’: Shock price paid for 100-year-old cottage (REA)
Couple outbid other first home buyers for ‘glam’ $1.46m Petersham pad (Domain)
Home buyers unfazed by rate hold as prices edge higher (AFR)
Oops. Did the Reserve Bank get that last rate decision wrong? (The Age)
Crowd pressure home buyer to pay $550k extra (News)
Property Stat of the Week
Credit: Oz Property Insights
Property Chatter
Credit: inboundREM
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