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Home auction volumes fall

The number of homes going under the hammer has fallen across the nation over the past week, while housing prices have hardly moved.

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Signs of new pace in property market

Home sales around the nation picked up over the past week with sales at auction reaching their highest level since June but activity in the housing market remains below where it was a year ago.

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Apartment slump pushes home sales down

Fewer new apartments were sold in Australia in July, contributing to a slide in all new home sales in the month.

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McGrath diversifies in face of difficulty

Real estate agency McGrath is looking to build revenue streams outside of property sales after its full-year profit dropped 42 per cent to $4.87 million amid low listing volumes and the departure of key agents.

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Vic govt turns real estate matchmaker

Victorians will soon be able to find a long term relationship with a landlord as the government turns online matchmaker for lengthy lease agreements.

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Aussies losing faith in home ownership

More than one third of Australians who are either home owners or aspire to buy in the future no longer believe it's the best way to guarantee their financial future.

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Reno catch-up likely as house prices grow

Aussies will swing back into the renovation game over coming years as wages growth starts to pick up and the jobs market improves, an economist says.

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New Melbourne suburb to house 22,000

Up to 22,000 people are expected to call Mt Atkinson home, with plans approved for the new suburb 30km west of Melbourne.

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Home loans lift ANZ to $1.79b Q3 profit

ANZ has reported a third-quarter cash profit of $1.79 billion, helped by strong growth in owner-occupier mortgage lending.

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RBA worried housing market still too hot

The central bank is losing confidence that Australia's hot property market is cooling enough, particularly in Melbourne and Sydney, an economist says.

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NSW house prices push Aussies into flats

Climbing property prices and a growing demand to rent in NSW have boosted approvals for new medium density developments in the state, despite a slowing trend nationally.

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RBA advocates patience on rates, wages

Australia's central bank expects to keep the cash rate steady for a while as consumers adjust to an extended period of low wage growth that will cap inflation.

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NAB lifts Q3 profit 5% after rate hikes

National Australia Bank's mortgage rate hikes have helped the lender lift third-quarter cash profit five per cent to $1.7 billion.

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Real estate stars as News Corp posts loss

Online real estate ads have been a powerhouse for News Corp as ad revenue slipped over the full year in the media company's core news division.

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REA flags further housing market slowdown

Revenue in REA Group's Australian arm has soared despite a slowdown in the housing market but the online real-estate advertiser has warned it expects conditions to further decline in 2018.

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Home building out pacing previous booms

Driving around Canberra you wonder sometimes how developers are going to fill the numerous new blocks of apartments under construction.

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Home loan approvals rose 0.5% June

The number of home loan approvals has risen 0.5 per cent in June, missing market expectations for an increase of 1.5 per cent.

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Report reveals housing stress in SA

More than 100,000 South Australians are living with "housing stress", the state's peak welfare group says.

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Home sales and prices edge higher

Home prices in most of Australia's major capital cities have risen alongside auction clearance rates in the past week.

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House construction activity surges in July

Housing construction activity is growing at its fastest pace in more than three years, with stamp duty cuts believed to have fuelled the surge.

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