The value of lending to owner-occupiers has fallen over two consecutive months to August 2016, while investor lending rose for the fourth consecutive months.
The apartment oversupply problem may be worse than what the Reserve Bank has stated, with the latter’s data only focusing on inner city apartments.
It has been another strong week for auction results across combined capital cities as the preliminary auction clearance rate last week hit 77.9%, sustaining the above 70% clearance rate since the last week of July.
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The overall rent prices across Sydney are remaining stable, according to a new government report.
A group of Sydney's largest property industry figures have been enlisted by the city's council in its bid to create a 'greener' CBD.
The number of homebuyers across Australia choosing fixed interest rate home loans has continued to fall, according to new data from broker firm Mortgage Choice.
A new national pilot program which will provide a free telephone interpreting service to newly arrive migrants with housing issues through participating real-estate agents, has just been launched.
One in three mortgage enquiries will not fit the current lending criteria, mortgage broker firm the Loan Market Group has claimed.
The Australian economy may not yet be ready for the cancellation of stimulus spending or for the Reserve Bank of Australia (RBA) to return rates towards normal levels, according to securities firm CommSec.
Newly released employment figures, which showed an increase in the number of people at work in October, have raised the chances of another interest rate hike by the Reserve Bank of Australia (RBA) before the end of the year.
Owners of office buildings across Australia will soon be required to inform potential renters or purchasers of the energy efficiency rating of their premises.
Measures aimed at tightening lending restrictions on banks planed by the international community cou
Actor Russell Crowe was outbid earlier this week by the eldest son of News Corp owner Rupert Murdoch during an auction for a sprawling Sydney mansion formerly owned by the French government.
Property developers in south-east Queensland are being forced to offer units at heavily discounted rates due to cancellations on contracts signed off plan before the downturn, it has emerged.
The RBA may be prompted to introduce a third consecutive interest rate rise this December by growing business confidence, experts believe.
Australian banks have begun to tighten up terms and conditions on loans, John Broadbent, head of the Reserve Bank of Australia's domestic markets department has said.
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