Is Airbnb changing the housing market?
A property research group says it is putting pressure on affordability
Teaching machines to understand property
Technology is ‘learning’ to look at images of property and assess the value. Chief analytics architect at CoreLogic, Scott Matthews, explains what this means for the future of buying property and the humans in the process.
Auction rates and prices drop
Last week also saw the number of houses sold at auction drop below 50%
Cash rate announced by RBA
Three major banks previously hiked rates despite RBA holding for over 2 years
The future of buying property
The chair of the open banking review, Scott Farrell, looked at how data could be shared between different sectors of the economy. Chief technology officer at CoreLogic, Greg Dickason, spoke to us about how this could affect the property buying process.
Should we panic about housing?
“Overall, it’s hard to see a scenario where Australian housing values could fall off a cliff.”