Economy

Just under 430,000 home loan customers have opted to freeze repayments since the onset of the COVID-19 crisis, the latest figures have revealed.

Auction clearance rates have strengthened across the capital cities, but overall activity and auction volumes remain substantially below average.

The number of new homes sold hit a record low in March and again in April, with the construction sector set to feel the hit until 2021.

The non-major bank has announced that digital signatures acquired through legitimate e-signature platforms will now be accepted on all home loan applications.

Over a quarter of young Australians are struggling to meet their mortgage or rental commitments, new research has found.

Delinquencies underlying non-conforming home loans have risen by 42 bps, while prime mortgage arrears have remained stable ahead of an expected COVID-induced spike, the latest S&P data ...

Almost 600,000 Australians lost their jobs in April off the back of the economic fallout from the COVID-19 outbreak.

While restrictions have eased around auctions and inspections, it would take time for housing market demand to recover.

The Victorian state government has reintroduced on-site auctions and open inspections as COVID-19 restrictions ease across the country.

Promoted by Smartline Smartline’s Andrew Wild hosts CEO Sam Boer and a panel of guests including Executive Manager – Economic Research Cameron Kusher, for this upcoming event offering an ...