Australian August Real Estate Report

After the initial adjustment earlier this year, the overall performance of the Australian real estate market was relatively stable. The cut in interest rates, the reduction in uncertainty surrounding housing-related tax policies after federal elections, and the relaxation of regulators’ over-tightening loan guidelines have combined to produce significant improvements. House prices in the two key…

Chinese favor Melbourne Chinese housing market

According to a leading real estate advertising company, Hong Kong people in China have more inquiries about Melbourne’s East Side real estate than any other country. The REA Group confirmed that Hong Kong people have increased their enquiries and searches for Monash properties. Nerida Conisbee, chief economist at realestate.com.au, said real estate search in Monash…

New loan volume is the highest in four years

This week, a total of 1,529 properties in Australia participated in the auction on Saturday, with a preliminary clearance rate of 77%. Compared to last week, 1,615 sets of auctions were reduced by about 100 sets. A total of 1,916 properties were auctioned in the same period last year, resulting in a clearance rate of…