REA Group has blamed a first-quarter earnings decline on the lingering effects of the housing downturn, although the online advertiser expects things to improve as sellers return to the market. Group earnings excluding joint ventures […]
Vicinity Centres has offloaded more non-core shopping centre assets for a total $195.5 million. The ASX-listed real estate firm has agreed to sell the Corio Central centre outside Geelong for $101 million and its 25 […]
Australian dwelling prices showed their largest monthly rise since May 2015 with a 1.2 per cent rise in October. The rise marked a fourth straight monthly increase, according to the CoreLogic Home Value Index monthly survey. The […]
The number of building approvals unexpectedly rose 7.6 per cent in September, slowing the rate of annual decline. Approvals for private sector houses rose 2.8 per cent on a seasonally adjusted basis, while the “other […]
The federal government’s Leading Indicator of Employment fell for the 16th month in a row in September, hinting at slowing economic conditions. The index also recorded that cyclical employment fell for the second consecutive month, […]
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