First National Real Estate’s members were presented with their General Excellence and Marketing (GEM) Awards from across Australasia and the South Pacific, at the network’s annual National Convention held on Hamilton Island this week.
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An overall uplift in consumer sentiment has helped the Australian real estate market continue its 2013 trend of revival.
Recent research from RP Data reveals Australian homeowners are staying in their houses for an average of 9.3 years.
First National Real Estate will continue its support of the Regional Victoria Living Expo, which it believes will be bigger and better than in 2012. “Last year, the first Expo attracted crowds of more than 8,000 people over the weekend, and based on the feedback we have been receiving this year, we think even more people will visit the event,” First National Real Estate Chief Executive, Mr Ray Ellis said.
Victoria’s subdued property market is expected to rebound, after reaching the bottom of the property cycle in the first half of 2013, building on the improving trend of the last six months of 2012 according to the First National Real Estate 2013 Property Market Outlook.
Australia’s property market is on the rebound, having reached the bottom of the property cycle and 2013 is looking to be a good year according to the First National Real Estate 2013 Property Market Outlook.
Australia’s property market is showing signs of stabilising and potentially strengthening, although it is expected to remain relative soft for the remainder of 2012.
In the light of the doom and gloom in global economies and the effect on the market here in Australia, the domestic property market is holding up quite well and the second half of 2012 should see things stabilise further, if not slightly improve.
Australians need to be more positive about life and grateful for how lucky we are says Jeff Kennett. “There is so much negative talk in the media and that affects society. Focus on the negative in the economy and politics weighs on people and makes us feel more negative that we need to be”, says Jeff.
First National Real Estate’s annual Convention is to be the arena for a battle royale next week, when state-named Rookies of the Year battle it out for the national Award.