{"id":109232,"date":"2019-07-22T21:01:35","date_gmt":"2019-07-22T14:01:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-auction-demand-rises-in-australia-raising-hopes-of-a-market-turnaround\/"},"modified":"2019-07-22T22:07:11","modified_gmt":"2019-07-22T15:07:11","slug":"home-auction-demand-rises-in-australia-raising-hopes-of-a-market-turnaround","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-auction-demand-rises-in-australia-raising-hopes-of-a-market-turnaround\/","title":{"rendered":"Home auction demand rises in Australia, raising hopes of a market turnaround"},"content":{"rendered":"


\nTumbling Australian home prices may have found solid ground amid the worst property downturn in a generation, as the real estate industry experiences a revival in auction demand, data showed.Australia\u2019s central bank has been closely watching housing market weakness as two years of price declines have eroded wealth, undermining consumer confidence and spending power.The country\u2019s housing stock is worth about A$6.8 trillion (US$4.8 trillion), according to estimates from the Australian Bureau of\u2026
\n
\nSource : South China Morning Post
\nRead more…Home auction demand rises in Australia, raising hopes of a market turnaround<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tumbling Australian home prices may have found solid ground amid the worst property downturn in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109232","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-spO","jetpack-related-posts":[{"id":35832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-australian-house-comes-with-its-own-porsche\/","url_meta":{"origin":109232,"position":0},"title":"This Australian house comes with its own Porsche","date":"November 25, 2016","format":false,"excerpt":"\r Vroom vroom Auction of the \u201cclassic villa\u201d is by ePlace. Image: ePlace It\u2019s not exactly a buy-one get one free purchase, but it\u2019s still pretty novel \u2013 this house in Brisbane, Australia comes with its very own Porsche. The high-end four-bedroom, three-bathroom property in the upper-crust neighbourhood of Chelmer,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-housing-market-faces-headwinds-as-supply-likely-to-outpace-demand-analysts-say\/","url_meta":{"origin":109232,"position":1},"title":"Australia\u2019s housing market faces headwinds as supply likely to outpace demand, analysts say","date":"January 5, 2022","format":false,"excerpt":"\r Australian home prices are likely to slow down or even decline as supply is poised to outstrip demand this year, according to analysts.The highly infectious Omicron strain of the Covid-19 pandemic and various restrictions on foreign homebuyers \u2013 made up in large part by Chinese investors \u2013 will also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-inventory-has-gotten-worse-as-demand-rises\/","url_meta":{"origin":109232,"position":2},"title":"Housing inventory has gotten worse as demand rises","date":"June 28, 2017","format":false,"excerpt":"\r CNBC's Diana Olick reports on the latest numbers for the Case-Shiller home price index.\r \r Source : cnbc.com\r Read more...Housing inventory has gotten worse as demand rises","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69122,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-a-reason-australia-reports-consistent-quarterly-growth-treasurer\/","url_meta":{"origin":109232,"position":3},"title":"There's a reason Australia reports consistent quarterly growth: Treasurer","date":"October 16, 2017","format":false,"excerpt":"\r Australian Treasurer Scott Morrison says policymakers in the country are alive to risks in the housing market, but \"we've got five times coverage\" on those debts and the fundamentals are driven by supply and demand.\r \r Source : cnbc.com\r Read more...There's a reason Australia reports consistent quarterly growth: Treasurer","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88357,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuilder-sentiment-rises-in-may-thanks-to-strong-demand-and-tight-housing-supply\/","url_meta":{"origin":109232,"position":4},"title":"Homebuilder sentiment rises in May thanks to strong demand and tight housing supply","date":"May 15, 2018","format":false,"excerpt":"\r A monthly index of builder sentiment rose two points in May, one point higher than analysts expected.\r \r Source : cnbc.com\r Read more...Homebuilder sentiment rises in May thanks to strong demand and tight housing supply","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-housing-market-is-suddenly-heating-up-again\/","url_meta":{"origin":109232,"position":5},"title":"Australia's housing market is suddenly heating up again","date":"August 15, 2019","format":false,"excerpt":"\r After a two-year slide, Australian house prices look to have bottomed out, sending buyers flocking back to the market.Case in point: An auction for a four-bedroom house in the Sydney suburb of Ryde on Saturday attracted about 100...\r \r Source : nzherald.co.nz\/Property\r Read more...Australia's housing market is suddenly heating\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109232"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109232"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109232\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}