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REIA observes greater collaboration at Qld’s housing conference

As more than one thousand representatives converged for a three-day National Housing Conference in Brisbane, the property ...

Public housing, migration control needed to address affordability: NAB

The major bank’s chief economist has provided his possible solutions to address the housing shortage and affordability issue

BOQ Group anticipates ‘increasing risk’ in FY24

The banking group has seen a dramatic drop in home lending growth, warning that the elevated cost of living, lagged impact ...

Repayments now ‘almost 10%’ of household income: RBA

The central bank has flagged that mortgage repayments have escalated above the previous projections made in 2008.

CBA unveils new house value forecast for 2023

The major bank has told its shareholders that home values are expected to continue lifting into next year.

Rate hikes may resume in November: Economists

A watchful eye is being kept on incoming inflation data that may force the central bank’s hand in next month’s board meeting

Consumer confidence climbs, but rate rise concern continues

Despite more than 60 per cent of consumers expecting interest rates to rise, confidence is climbing, according to new data.

Calls for ‘land tax discount’ as vacancy rates drop

As investors sell due to high costs, vacancy rates have fallen further, signalling a need for improved investor incentives.

Exchange ‘unaffected’ by third-party incident: PEXA

An incident involving a device containing a business’s digital certificates has not affected the property exchange, according ...

1 in 3 first home buyers used guarantee schemes

Nearly a third of all first home buyers have been supported by a government guarantee, according to new data.

Payments to rise by 60% for 14% of fixed-rate borrowers: RBA

Ten per cent of borrowers who have rolled off fixed rates since May 2022 have seen repayments rise by more than 60 per cent, ...

Distressed property listings on the rise: SQM

The number of distressed residential property listings rose nationally in September 2023, new research has found.

Auction activity recovers following public holidays: CoreLogic

The number of homes taken to auction bounced back last week following a string of public holidays, CoreLogic has found.

‘Nothing to lose’ as the referendum nears: Albanese

As the Voice to Parliament referendum approaches, renewed calls for its passage have highlighted its potential to bridge the ...

Home values soar in northern Sydney: PropTrack

With home prices reaching record highs in September, PropTrack has revealed the regions that have seen the largest amount of ...

RBA notes mortgage pressures, but suggests no systemic risk

Households are spending more money on housing and arrears are rising, but the majority are able to service their debts, the ...

Public RMBS system would improve mortgage competition: Greg Medcraft

Calls for the creation of a public RMBS system have been reignited by the former ASIC chairman to help improve home loan ...

Resi mortgage delinquency rates continue to rise: Moody’s

New data has revealed the ongoing climb in mortgage arrears among a backdrop of high interest rates and inflation.

Chinese buyers lead foreign residential purchases

Home buyers from China have increased the value of their purchases, according to the latest foreign investment report.

Investor incentives needed as rent prices hit new records

A new report has highlighted the urgency of improving investor incentives as rental prices reach record highs, pushing the ...

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