Bank Of Mum & Dad Open For Business
Buying a home has become a family affair, with research showing the extent to which parents are providing financial assistance to their children. Mortgage Choice research shows nearly 60% of [...]
Record Building Expands Further
A record year of housing construction in Australia is set to be even bigger than first expected. The Housing Industry Association is forecasting 143,700 new builds this year, plus record [...]
Rental Shortage Started 4yrs Ago
The critical shortage of rental properties in most locations around the nation is partly the result of lending restrictions that came into force four years ago, according to the [...]
Home-buyers Take 20 months To Buy
Australians spend about eight months dreaming about buying a new house before taking any active steps to purchase, new research on real estate behaviour has found. The research by [...]
15% Rise In Prices Forecast
House prices will rise 15% by the end of the year before slowing to more moderate growth in 2022, a Westpac Housing Pulse report says. The forecast appears conservative, given [...]
Prices Up 2.2% in May
Property prices grew more than 2% in May and most markets across the nation have increased 10% or more so far in 2021. The latest monthly price report from CoreLogic [...]
Property Listings Continue to Drop
Property listings nationwide dropped 6.3% in May compared to April and old stock is being cleared nationwide as the number of buyers outstrips sellers. Figures released this week by SQM [...]
Buyers Shrug Off Rates Rise
Property buyers have shrugged off Commonwealth Bank’s decision to lift the interest rates of select fixed-term home loans, with nationwide auction clearance rates holding above 77% as investors remain buoyed [...]
Price Rises Out-stripping Wages
House prices could rise more than 10 times faster than wages this year. Australia’s job market has improved since the pandemic recession, with the unemployment rate dropping 0.2 percentage points [...]
Buyers Eye Off-the-plan Projects
Sentiment towards off-the-plan properties is improving, with the number of online searches rising four-fold in some areas over the past three months as government incentives entice first-home buyers to [...]