CBA accused of choosing its facts

COMMONWEALTH Bank’s global mission to reassure investors about the health of the Australian property market continues to attract attention, with fresh claims the bank had been selectively quoting data. Online investment forums and housing blogs were alive with...

Australian Real Estate Sales Jump in August

Real estate sales in Australia jumped by 11 per cent during August, official figures reveal. The property market in the country received a boost as homebuyer confidence strengthened and first-time buyers returned to the market. With the Reserve Bank keeping official...

Housing affordability worsens

Housing affordability in Australia has continued to decline over the June quarter, according to a Real Estate Institute of Australia (REIA) report. The Deposit Power Housing Affordability Report shows that the decline in the June quarter was the sixth consecutive...

Real estate golden goose takes flight

Queensland real estate agents are struggling to make ends meet in the current property climate, slashing staff, costs and even closing their doors for good. Figures released last week by RP Data showed Brisbane to be the worst performing capital city in Australia,...