Economy

The average loan size taken out by first home buyers rose by $4,000 between June and July 2017, the Australian Bureau of Statistics has revealed.

Nearly one in three young people that don’t own a home are relying on assistance from parents to help them make the leap, Galaxy Research has revealed.

Australian securitisers’ residential mortgage assets grew by 4.8 per cent in the June quarter, bringing total assets to $125.3 billion. 

New legislation has been introduced to Parliament that seeks to make housing more affordable to first home buyers, retirees and the wider Australian market.

Governments need to “proceed with caution” when introducing “punitive measures” for foreign investors, or else risk an accelerated decline in home building, according to the Housing Industry ...

The release of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report reveals that housing affordability is generally on the decline nationwide, while first home ...

The Reserve Bank of Australia has doubled down on its 3 per cent growth target despite acknowledging that economic shocks “will occur” in the future.

As residential land prices grow to historical highs, the mismatch between strong demand and a limited supply of new housing “remains acute”, industry agencies have said.

Home values either climbed marginally or held steady in all but one capital city last week, with Perth the only one recording a fall, according to CoreLogic.

The Reserve Bank of Australia has published its cash rate verdict, following its monthly board meeting today.