At a time when other central banks are cutting interest rates, the Reserve Bank of Australia enacted its first rate hike in three years. The central bank increased its cash rate target by 25 basis points to 3.85%, noting that Australia’s inflation “picked up...
A new report is forecasting an increasingly expensive housing market in Australia, where many markets could see home prices double by 2030. News.com.au reports data modeling from PropTrack is predicting that buyers could be paying 75% more for homes in Adelaide by...
As we prepare to tuck 2025 into the history books, let’s take a look back at the year to highlight some of the Hits and Misses that dominated the real estate industry. Hit: The Property Tax Revolt. The year’s biggest story, by far, was the spontaneous eruption of...
The former chief executive of the collapsed cryptocurrency trading platform Hayvn has re-emerged working as a mortgage broker in a suburb of Melbourne, Australia. The Australian Broadcasting Corporation reports that Christopher Flinos, the former CEO of crypto firm...
Now, here’s something that you don’t find in most homes listed for sale – a jail cell. RealEstate.com.au reports a residence on the market in Melbourne, Australia, that was once a police station had been converted to a five-bedroom residence in the 1980s. But for some...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
