Property

Sydney property prices have recovered from a slump in 2019 and during the COVID-19 crisis to reach a new record high, according to CoreLogic.

The digital property settlement service provider has formed a funding partnership with an organisation that tackles homelessness in Australia.

Housing affordability in regional Australia has deteriorated amid the shift in preferences for regional areas during the COVID-19 crisis, according to HIA data.

Tensions are emerging in the housing market, which may point to an “emerging squeeze” on affordability from rising prices, according to Westpac.

More than half of all home owners said that they are delaying listing their property despite an overall increase in selling intentions, according to research.

Auction clearance rates exceeded 80 per cent across the capital cities last week, although a public holiday across some parts dampened volumes, according to data.

The property services group has appointed a former CoreLogic executive to its newly created role of chief product, data, and insights officer within its PropTrack business.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

The “high end” of the property market in the capital cities has benefited the most from the recent housing upswing, jumping 2.7 per cent in value, according to CoreLogic.

Perth experienced an ‘extraordinary’ decline in listing volumes, with sales listings dropping to a 10-year low in February, according to new stats.