AMP Chief Economist Shane Oliver attributed the slowdown in the housing boom to high prices and limited housing supply.
Vidhya CK
Jan 10, 2025
According to property data firm CoreLogic, prices across the country dropped by 0.1% in December, while values in major cities fell by 0.2%.
Vidhya CK
Jan 03, 2025
According to Canstar's insights director, Sally Tindall, the cycle of cutting fixed rates appears to have paused for now. However, she suggests that there could be some relief in the new year, with potential rate cuts offering much-needed support to homeowners.
Vidhya CK
Dec 18, 2024
Based on PropTrack figures, homes priced under AU$600,000 are increasingly difficult to find, and properties under AU$400,000 are nearly disappearing in the country's five largest cities.
Vidhya CK
Dec 17, 2024
Located just under an hour's drive north of Melbourne's CBD, Mickleham has seen rapid population growth as young families, priced out of inner-city housing, move to more affordable areas. However, the development has raised concerns among locals and experts alike.
Vidhya CK
Dec 03, 2024
Turnkey Building Group acts as a buyer advocate, guiding clients through land purchases and serving as the main link between them and builders. Though not builders themselves, Turnkey's team helps clients navigate the market and manage the entire process.
Mae Cornes
Oct 24, 2024
The one-year plan, which came into effect from Monday, was aimed at helping the housing industry build more homes for both buyers and renters across the state, Premier Jacinta Allan said.
Vidhya CK
Oct 21, 2024
All have big housing affordability problems, caused by a strong economy and 30 years of largely unregulated speculative housing.
IBT Staff
Sep 28, 2018
Australian home prices have risen 60% in the past five years. That’s great news for the 7 million households who own one.
IBT Staff
Sep 05, 2018
The South African government’s plan to change the constitution to mention land expropriation without compensation could, ironically, end up strengthening the property rights on which investment depends.
IBT Staff
Aug 16, 2018
The Federal Court has fined Meriton Property Services $3 million for breaching the Australian Consumer Law.
Anne Lu
Jul 31, 2018
The Financial Services Royal Commission has exposed some irresponsible lending by Australia’s biggest banks. The question is whether the information brought to light by the commission will further push down property prices?
IBT Staff
May 15, 2018
By the end of this century, the world’s population will have increased by half – that’s another 3.6 billion people. With the global population rising at 45m per year, comes the inevitable rise in demand for food, water and materials, but perhaps most essentially, housing.
IBT Staff
Apr 23, 2018
When this New York millionaire went public with this controversial Amazon prediction...
IBT Staff
Jan 31, 2018
Australia's capital has ranked number three as the most expensive to rent a house behind Sydney and Melbourne's median house price.
Michelle Mapa
Apr 21, 2017
Victorian Legal Aid executive director Dan Nicholson has warned clients affected by a faulty debt-recovery system that their confidential information will be disclosed when they speak publicly.
Michelle Mapa
Mar 02, 2017
Bankwest has announced that it will no longer include the negative gearing benefits in assessing the loan eligibility of new borrowers.
Michelle Mapa
Feb 14, 2017
HashChing has revealed that borrowers from the suburbs of major capital cities were paying almost double than the capital cities' average.
Michelle Mapa
Feb 08, 2017
An aged pensioner's pension has been cut from $316 to $99 a fortnight after helping his kids with a deposit to buy their first home.
Michelle Mapa
Jan 27, 2017
PRDNationwide has revealed in its latest report that Australia still has affordable houses and apartments in the suburbs near each capital city's CBD.
Michelle Mapa
Jan 26, 2017
An elderly couple in Tasmania, who hosted their home using Airbnb, has been fined through Tasmanian State Revenue Office’s robo-debt system.
Michelle Mapa
Jan 24, 2017
Hocking Stuart Yarraville and O'Brien Real Estate Croydon have been penalised for underquoting properties contrary to its actual selling price.
Michelle Mapa
Jan 12, 2017
CoreLogic Australia's research has revealed that finding a house in Sydney that costs less than $1 million would be challenging specifically within the 20km radius of the CBD.
Michelle Mapa
Jan 11, 2017
Bureau of Statistics data showed that dwelling approvals in Australia fell over the six months to November based on overall trend terms although it rose in November by seven percent.
Michelle Mapa
Jan 09, 2017
Should you buy a home or invest your capital elsewhere and rent instead? Which of the two will be a better option from a financial point of view? This is one of those many questions that have perplexed people for ages.
Bhaskar D.
Jan 09, 2017
Sydney and Melbourne CBD are good places to rent an affordable apartment as the cities show a large decline in the apartment prices.
Michelle Mapa
Nov 21, 2016
A flower-shaped city powered by renewable energy will soon rise in Dubai as the newest architectural marvel in the United Arab Emirates.
Kris Bayos
Jul 20, 2016
The default position for politicians is to sound concerned about housing affordability, but do nothing, argue Nicole Gurran and Peter Phibbs from the University of Sydney.
Nicole Gurran, Peter Phibbs
Mar 17, 2016
The real estate management firm that funded Canberra’s tallest apartment building announced the successful first close of its $200m Opportunity Fund.
Geraldine Chua
Feb 22, 2016
According to the housing industry, property tax concessions single-handedly drive new housing supply, keep a lid on rents and provide an opportunity for middle and low income earners to build wealth.
Danielle Wood, John Daley
Feb 17, 2016