AFFIRMATION THAT LAND SALES VOLUMES ARE INCREASING OR DECREASING IS UNFORTUNATELY A POST-HOC PROCESS IF YOU ARE RELYING SOLELY ON FINAL SETTLED SALES DATA While Landgate (the state government’s land information provider) sales data is valuable and informative, there is a considerable lag between when land sales contracts are signed and when they are settled. […]
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LAST WEEK THE MINISTER FOR PLANNING ANNOUNCED CHANGES TO THE “OPT IN” RANGE FOR DEVELOPMENT ASSESSMENT PANELS THAT PROVIDE GREATER FLEXIBILITY FOR DEVELOPERS TO CHOOSE TO GET THEIR APPROVAL THROUGH THE LOCAL GOVERNMENT OR THROUGH THE DAP. DAPs were an initiative of the Council of Australian Governments which was progressing a national planning reform agenda […]
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THIS WEEK ABS DATA WAS RELEASED SHOWING THAT THE NUMBER OF HOME LOANS INCREASED 18.9 PER CENT IN WESTERN AUSTRALIA TO THEIR HIGHEST LEVEL SINCE 2009, DRIVEN BY AN INCREASE IN LOANS TO UP-GRADERS (I.E. NON-FIRST HOME BUYERS). The amount borrowed also rose with both first home buyers and non-first home buyers increasing the amount […]
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