Property

The major bank has revised up its forecast for dwelling price growth for 2021 but pulled back for 2022 as affordability constraints begin to bite.

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More consumers believe their mortgage costs rose over the last three months and added more to cost of living pressures, according to NAB.

Mortgage stress diminished in the three months to May, but the latest COVID-19 flare-ups have renewed fears that could change, according to Roy Morgan.

Home buying spending intentions declined in June compared with last year, halting months of an upward trend, according to new research.

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Ratings agency Fitch has raised its forecast house price movements for Australia, predicting prices will escalate by as much as 16 per cent in 2021.

The non-bank lender has settled more than $1 billion for the first time in the 2020-21 financial year.

Housing supply is failing to meet demand as active listings recorded their largest year-on-year decline, new figures have shown.

Refinance settlements surged above June 2020 levels in June 2021 in NSW and Queensland despite a double rate cut in March 2020, according to PEXA data.