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PROPERTY developers Stockland launched the Vibe Builder Awards program earlier this month with 16 builders lodging close to 60 entries in the inaugural competition.
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Royal Bank, the country's largest mortgage lender, is offering real estate agents $1,000 for referring five first-time home buyers, as competition among banks for first-time buyers has heated up.
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Hegney Property Group chief executive Gavin Hegney said there was a lot of heat coming out of the market but some pockets, in the northern suburbs particularly, were still doing well.
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“In real terms, the average house prices were still less than in 2010,” he said. “Really important is that we get a balance between supply and demand.
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