Auction listings are in decline and clearance rates struggling amid a fresh outbreak of coronavirus in Victoria.
News
Off-the-plan pain as buyers lose building deposits
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03 July 2020
Some off-the-plan apartment buyers are having to cut their losses and walk away from their deposits.
ASIC has published its official best interests duty guidance for mortgage brokers
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25 June 2020
The Australian Securities and Investments Commission has released its official guidance on the application of the best interests duty on mortgage brokers.
House prices could drop by 10% despite improving clearance rates
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24 June 2020
Auction clearance rates might be looking a little healthier of late but economists say a housing oversupply and uncertain buyers will see house prices still drop by around 10 per cent this year.
Middle and outer suburb listings rise as property market shows signs of life
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19 June 2020
There are some mild signs of improvement in Melbourne’s property market as COVID restrictions ease and new listings rise.
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