New strata laws in New South Wales make it easier for apartment owners to update or redevelop their ageing unit blocks
According to CoreLogic’s latest Hedonic Home Value Index results, capital city dwelling values rose 0.2% throughout November 2016
CoreLogic’s latest auction market preview indicates there are slightly fewer auctions to take place across the combined capital cities this week
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Treasurer Wayne Swan has announced his banking reform package, which will see a shakeup of the way home loans are constructed and the funding market for smaller lenders.
A buyers' market has developed in Queensland due to falling demand for investment properties, the Real Estate Institute of Queensland has said.
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Housing shortages could lead to rent increases of up to 7% in some capital cities over the next two to three years.
A 30% drop in population growth since the GFC has contributed to a slowdown in house price growth, according to REIWA.
New lot production in Sydney is expected to be more than twice its current rate by 2015, according to new figures from BIS Shrapnel.
AFG is warning that the mortgage market is 'stalling' as its October figures show a stark decrease in the number of mortgages taken out.
Rising house prices has put Melbourne's level of unaffordability on par with Sydney.
Median house and unit prices fell in most of Australia’s capital cities during the September quarter, according to the latest figures from Australian Property Monitors (APM).
Reluctance from the major banks to raise interest rates independently of the Reserve Bank may end up burdening borrowers with a more hefty hike in their variable rates, according to AFG managing director Mark Hewitt.
Treasurer Wayne Swan warned banks again yesterday not to raise rates outside of RBA movements.
Home owners are taking 6.3% off their asking prices in an effort to shift their properties in a softening market, according to Australian Property Monitors.
Investing in property is challenging at the best of time, even more so in a turbulent market. It takes strength of character and it demands focus and discipline. This is why only 7% of Australia's 22 million inhabitants are investing in property!
Australia's banks could handle a housing price fall of 40% and an 8% home loan default rate, according to preliminary results from Fitch Ratings' stress tests.
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