Australian Home Prices Climb, Fueled by Falling Borrowing Costs
Australian home prices climbed for a fifth straight month, fueled by the Reserve Bank's two interest-rate cuts this year and expectations of more to come.
The Home Value Index advanced 0.6% in June, with every major mainland city recording a rise, property consultancy Cotality said in a statement on Tuesday. Darwin was once again the top gainer, climbing 1.5%, followed by Canberra which rose 0.9%. The bellwether market of Sydney was up 0.6% and Melbourne increased 0.5%.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
27 minutes ago
- Bloomberg
Singapore Home Prices Rise for Third Quarter on Domestic Demand
Singapore private home prices rose for a third straight quarter, buoyed by local demand. An index for prices of private residences climbed 0.5% in the second quarter from the previous three months, according to preliminary figures released by the Urban Redevelopment Authority Tuesday. That extends a 0.8% increase in the first quarter.
Associated Press
an hour ago
- Associated Press
5IR Funds Leads $10M Round in GreatX to Unlock Real Estate Yield Through DeFi
Dallas, TX June 30, 2025 --( )-- 5IR Funds, a venture fund backing foundational technologies of the fifth industrial revolution, including infrastructure for the tokenized economy, today announced it is leading a $10 million strategic investment in GreatX, a decentralized finance-native (DeFi) protocol built to transform real estate equity into capital-protected, yield-generating digital assets. At the intersection of real-world assets, behavioral finance, and stablecoin infrastructure, GreatX introduces a programmable liquidity layer for the $12.3 trillion of income-producing real estate currently trapped in long-term, illiquid structures. Rather than tokenizing real estate titles, GreatX mints U.S. Treasury–backed tokens that can be optionally assigned to revenue-generating hotel properties—activating yield from both cashflow and appreciation, all while preserving principal. The result: a secure, composable asset that behaves like a stablecoin but performs like a portfolio. 'We believe GreatX represents the next evolution in RWA tokenization: asset-backed, behaviorally designed, and DeFi-native from inception,' said David Carstens, Founder and General Partner at 5IR Funds. 'In a world awash with speculative real estate plays, GreatX delivers something that actually works—for both yield seekers and protocol composability. This is the kind of real-world capital stack DeFi has been waiting for.' Backed by the Patel Family Office, a 3rd-generation real estate investment and management firm based in Dallas with deep experience in owning and managing hotels globally , GreatX is launching with institutional-grade hospitality assets in the U.S. and a 10,000+ investor pipeline spanning North America, the Middle East, and Asia. 'Our goal was never just tokenization—it was transformation,' said Kim Diamond, Co-Founder of GreatX and former Managing Director at Standard & Poor's. 'We've spent our careers building real-world portfolios. With GreatX, we've architected a product that speaks the native language of DeFi, but brings the full weight of institutional real estate discipline.' The raise will accelerate GreatX's platform rollout, regulatory pathways, and token issuance. The protocol is set to launch its first tranche of asset-linked, assignable tokens by Q4 2025. Why It Matters • $380T Global Real Estate is the world's largest store of wealth—and its least liquid • $205B Stablecoins represent programmable capital with no native yield mechanism • GreatX bridges both: U.S. Treasuries + Real Estate Cashflow = Capital-Protected RWA Yield About GreatX GreatX is a DeFi-native platform unlocking real estate equity via U.S. Treasury-backed tokens that offer stable yield, capital protection, and upside exposure through optional property assignment. Built in partnership with the Patel Family Office and led by real estate and structured finance veterans, GreatX enables global investors to access institutional real estate returns—without the friction of traditional real estate ownership. More: Contact: [email protected] About 5IR Funds 5IR Funds is a venture capital fund backing the breakthrough companies and foundational technologies of the Fifth Industrial Revolution. With a $200 million target fund , 5IR makes early-stage investments in pioneering companies across artificial intelligence (AI), blockchain, quantum computing, advanced materials, and virtual reality (VR). Led by a team of experienced technologists, entrepreneurs, and intellectual property experts, 5IR provides more than capital—it delivers strategic partnership, an extensive network, and the specialized guidance needed to build defensible, market-defining businesses. More: Contact: [email protected] Contact Information: 5IR Funds Zachary Todd 972-755-5420 Contact via Email Read the full story here: 5IR Funds Leads $10M Round in GreatX to Unlock Real Estate Yield Through DeFi Press Release Distributed by
Yahoo
an hour ago
- Yahoo
Non-Executive Co-Chairman of Sunrise Energy Metals Robert Martin Friedland Buys 92% More Shares
Sunrise Energy Metals Limited (ASX:SRL) shareholders (or potential shareholders) will be happy to see that the Non-Executive Co-Chairman, Robert Martin Friedland, recently bought a whopping AU$3.0m worth of stock, at a price of AU$0.30. That increased their holding by a full 92%, which arguably implies the sort of confidence required for a shy sweet-natured nerd to ask the most popular kid in the school to go out on a date. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In fact, the recent purchase by Robert Martin Friedland was the biggest purchase of Sunrise Energy Metals shares made by an insider individual in the last twelve months, according to our records. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$0.81. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! See our latest analysis for Sunrise Energy Metals There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 31% of Sunrise Energy Metals shares, worth about AU$23m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders. It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. When combined with notable insider ownership, these factors suggest Sunrise Energy Metals insiders are well aligned, and that they may think the share price is too low. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 3 warning signs for Sunrise Energy Metals (2 make us uncomfortable) you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
