Business
House prices to ‘decline further’: PEXA – The Australian Financial Review
Early signs of a recovery in the most-populous state won’t prevent a further decline in home values and loans in the medium term, a new PEXA report says.
The report, based on PEXA’s 20,000 property transactions every week, marks the first time the company, created in 2013 out of the combined business of state land registries, has published data publicly.
The move comes as bankers try to assess the value of PEXA as it seeks to raise money and as private equity groups Carlyle and Pacific Equity Partners argue the merits of their $5.20-a-share indicative offer for Link Group, PEXA’s 44 per cent owner.
In a sign of subdued confidence of owners to put…
-
Noosa News19 hours agoNRL grand final quick hits: Reece Walsh creates magic after avoiding sin bin as Broncos survive Hunt, Reynolds injuries to win premiership
-
General19 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final
-
Noosa News11 hours agoNew playground equipment encourages children to learn through ‘risky play’
-
General8 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania