MORE than 90 per cent of prospective first home buyers in WA will need to make financial sacrifices to buy a house, according to a new survey. read more
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One-third of real estate agencies will leave the industry within the next 12 months because of the current market downturn, according to Altitude real estate director Paul Tonich.
Some agencies will merge to survive, while others will be bought out by larger groups.
Mr Tonich said the exodus was due to a lack of education. He said [...]
The Western Australian Government has announced a $280 million four-year program to supply up to 200 factory-built, transportable homes each year to regional areas.
Three Western Australian companies have been selected to supply the houses in the Kimberley and Pilbara regions.
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The number of property repossession applications in WA has surged 51.4 per cent, as higher interest rates and falling house prices begin to bite.
First homebuyers who bought homes before prices began to fall have been singled out as being particularly vulnerable by the Department of Consumer and Employment Protection.
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New figures show Perth’s real estate market has slumped for the second quarter in a row.
The Real Estate Institute of Western Australia (REIWA) says prices across Perth fell three per cent in the June quarter, taking the median house price to $446,000.
The drop is on top of a similar fall in the March quarter and [...]
