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Property news you need to know: The week ending 28 November

By Reporter 26 November 2021 | 1 minute read

Smart Property Investment is pleased to present a weekly round-up of the biggest stories across property, investment, real estate, and finance, with thanks to Momentum Media.

Property news you need to know

Here are the biggest stories for the week ending 28 November 2021:

  1. The Agency x Magnolia saga comes to end with costs order

A judgment on costs has now been handed down in the case of MCL Pty Ltd v The Agency Group Australia Ltd (No 3) [2021] FCA 1241.

  1. CBA forecasts 10% house price drop for 2023

The Commonwealth Bank is now the most negative of the majors on property prices.

  1. Are these the top 20 places to invest in Australia right now?

A new report from ME Bank has reportedly uncovered Australia’s top 20 best places to invest.

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  1. 1/4 of Australians considering buying property with ‘non-traditional partners’

A quarter of Australians are pondering whether to co-invest with their parents or friends, according to new data published by CBA.

  1. New strategy head for Ray White among 3 big corporate moves

Ray White Group has named a veteran of the network to the role of chief strategy officer while on the same day making two additional key corporate appointments.

  1. 4 reasons townhouses are gaining popularity

The booming Melbourne housing market is undergoing transformation – and it’s seeing more investors and owner-occupiers express interest in townhouses. But why?

  1. Housing affordability down 15.6%: Bluestone

National housing affordability took a greater slide in the three months to August, with an index recording a 15.6 per cent annual fall.

  1. Victorian FHB grants rise by 29.4%

The Victorian state government has dished out almost 30 per cent more grants to first home buyers year on year.

RELATED TERMS

Mortgage

Mortgages are loans that are used to buy homes and other real estate where the property itself serves as collateral for the loan.

Mortgage

Mortgages are loans that are used to buy homes and other real estates where the property itself serves as collateral for the loan.

Property

Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.

Real estate

Real estate is a type of real property that refers to any land and its permanent improvement or structures that come with it, whether natural or man-made.



Property news you need to know: The week ending 28 November
Property news you need to know
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