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Sydney lockdown bites into auction market

Sydney auction volumes were down 17 per cent from the initial predicted count, while over 70 per cent of properties sold prior to auction amid the ongoing lockdown.

Sydney lockdown bites into auction market
Dwelling sales spike despite lockdowns: REA

Amid multiple lockdowns, preliminary weekly sales over the first 27 weeks of 2021 were 60 per cent higher than 2020 and almost 70 per cent higher than 2019, according to new data.

Dwelling sales spike despite lockdowns: REA
Most Aussies believe Chinese investors are raising housing prices

A survey has found that the majority of Australians believe Chinese investors are driving up housing prices and have made it harder for locals to buy their first home.

Most Aussies believe Chinese investors are raising housing prices
More dwellings sell before and after auctions in lockdown

Properties sold before and after auctions spiked in Sydney and Melbourne during lockdowns compared with the last five years, according to a report.

More dwellings sell before and after auctions in lockdown
Australian cities’ house prices among world’s fastest rising

House price growth rates in Canberra, Hobart, Darwin and Adelaide are among the top third for cities across the world, according to a new report.

Australian cities’ house prices among world’s fastest rising
Property prices grew by 13.5% in FY21: CoreLogic

Australia’s housing market jumped by 1.9 per cent in June, taking annual growth for the last financial year to 13.5 per cent.

Property prices grew by 13.5% in FY21: CoreLogic
Housing construction approvals continue to decline: ABS

The number of dwellings approved for building fell by 7.1 per cent in May, dragged by a drop in house construction across Australia, according to the ABS.

Housing construction approvals continue to decline: ABS
Almost a third predict rate rise over 12 months: ANZ

A survey has found that the percentage of property industry respondents expecting a rate hike over the next year has doubled since March.

Almost a third predict rate rise over 12 months: ANZ
LATEST PODCAST: Looking at competition

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Looking at competition
31% of early super funded mortgages, rent: ABS

The most common use of withdrawn superannuation savings under the government’s COVID response measure was for mortgage or rent, according to new ABS data.

Nearly a third of early super funded mortgages, rent: ABS
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