Housing market data to watch as mortgage rates top 7%

For those who have missed it, SMSFs will soon be banned from entering into new limited recourse borrowing arrangements (LBRAs) to purchase residential property. The key date now being worked around is 10 August 2026, 45 days after royal assent of the new arrangements on 26 June 2026. Essentially, you need to be contracted on…

In the news release, Flickr and Black Women Photographers Announce $10,000 Grant for Black Female and Non-Binary Photographers, issued 08-Jul-2026 by Flickr over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with…

• Related shareholders benefit from estate administration exception—In Private Letter Ruling 115158-25 (June 18, 2026), the Internal Revenue Service reviewed the private foundation (PF) self-dealing restrictions for several related individuals (collectively, the taxpayers) who co-owned a closely held business (the company) and included charitable beneficiaries in their estate plan. They also executed an option agreement…

The rental market is gaining momentum as we approach the end of 2026, while the for-sale market appears to be losing traction. Zillow has reported a 13% increase in its rent growth forecast from the previous month, indicating that the rental market is strengthening. The projection for single-family rents is a rise of 2.1% in…

Three tenants signed on for more than 182,000 square feet of new office leases at 1411 Broadway, following a $100 million makeover of the Midtown tower.  Republic Clothing Group, tech company Zeta Global, and South Korean fashion and beauty conglomerate Amorepacific signed the latest deals at the 1.2 million-square-foot building, which is co-owned by the…