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Australasia’s top Ray White group has brought the Pennant Hills office under its banner to further strengthen their offering in Sydney’s Upper North Shore.

The theme of 2023 has been of slower listing activity and June was no different.

The next chapter and the natural choice for experienced elite agent Daniel Seach was to open his own business, in picturesque Black Forest in inner-city Adelaide.

Australian house and unit prices have again jumped up in June, according to the latest house price data report from Neoval.

Strong buyer demand propelled the national clearance rate to the highest it has been in 18 months.

Australian capital city house prices fell by 6.4 per cent last year, dramatically different from the 20 to 30 per cent that many forecast. In fact, in many places around the world, we are seeing prices moving up again.

If you could live anywhere, where would it be? For the world’s wealthy, Australia is a top pick.

Early on in the upturn there was a lot of talk about the return of price growth being a “dead cat bounce”.

Like most people in the property industry, I was dismayed that a key revenue item in the recent Victorian budget was to increase land tax payments for investment properties.

Regional Australia was the standout during the pandemic with the virus sparking the greatest movement of people to these parts of Australia ever recorded.

It isn’t a bad time to be a first home buyer at the moment.

In April, new listings were down 17.1 per cent with Sydney and Melbourne seeing the biggest falls.