House auction clearance rates climb
Housing auction clearance rates across the country have surged higher than expected, with the steady rise welcomed ahead of a predicted spring peak in listings.
Lending soars on looser home loan rules
Mortgage lending spiked with the passing of federal election jitters and as banks softened the criteria for checking borrowers' ability to pay back loans.
Housing Construction Slowdown Hits Aussie Economy
A fall int the contribution from housing construction to Gross Domestic Product in Australia means the slowing market in new home building is impacting the wider...
Property prices rise fastest since 2017
House prices boasted their biggest monthly gain since 2017 in August as the hard-hit markets of Sydney and Melbourne came roaring back on record low interest...
House auction clearance rates still strong
Housing auction clearance rates across Australia's capital cities have dipped slightly but remain fundamentally strong, with analysts awaiting a potential glut of properties hitting the market...
Housing Construction Starts to Stabilise at 20 Percent Below Peak
Activity in the construction of new homes and apartments is set to stabilise at levels around 20 percent below recent highs, the latest report suggests.
Seven Growth Sectors Will Defy Construction’s Glide Lower
Seven areas within building and engineering are set to defy an overall ‘glide’ toward softer conditions across Australia’s construction sector, the latest report says.
Land Sales Plummet to Record Lows
Sales of vacant residential land have plummeted to record lows amid further signs of a deterioration in the market for new residential construction, the latest data...
Sydney house price fall is slowing: Domain
Sydney's embattled property market may finally be bouncing back after consecutive rate cuts and better lending conditions eased buyer tensions, according to a leading property economist.
Rental prices for Sydney units fall 5%
Rental prices on Sydney units have fallen by almost 5.0 per cent over the year on an influx of new supply but remain "significantly" higher than...
Interest Rates Cut to Record Lows
The Australian economy and residential sector will receive a boost following a Reserve Bank decision to cut rates to new record lows – albeit with not...
APRA Looks to Ease Home Landing Restrictions
Australians wishing to borrow to finance home purchases may soon find financing easier under a loosening of restrictions being proposed by the banking regulator.
First Home Buyers to get Aid with Deposit
First home buyers will get government support with their 20 per cent house deposit whoever wins the federal election on May 18.
Election a Wildcard for Housing Market
The outcome of the federal election could be a wildcard for the housing market amid signs the worst of the downturn in prices may be over,...
March House Approvals at Five Year Low
“March building approvals marked the weakest month for detached house approvals since 2013,” said HIA’s Senior Economist Geordan Murray.
Housing Shortage Forcing Women to Return to Violent Partners
A lack of affordable housing could mean that women who suffer from family violence may return to their violent partners, a new report has found.
First Home Buyers Bigger Share of Market
Australians buying their first home are making up a bigger share of all people purchasing properties throughout the nation.