Property

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

The number of dwellings approved plunged in January but still remained well above last year’s level, according to ABS data.

Australians aged 22 and under (Gen Z) are the age group that is most interested in owning a home in future, even though two-fifths believe it will be challenging, according to new research

The month of February marked the largest month-on-month increase in home values since August 2003, new data shows.

Mortgage stress among households have dropped to the lowest level in three years, driven by a range of factors, according to figures from ME Bank.

Mortgage stress among households have dropped to the lowest level in three years, driven by a range of factors, according to figures from ME Bank.

While it remains the state with the highest proportion of loans subject to deferral, Victoria is closing in on the other states and territories, APRA data has shown.

After the domination of first home buyers in the 2020 property market, investors are expected to make their market comeback this year, according to the REA.

Auctions continue to perform strongly in the capitals, with Sydney recording its third consecutive week of clearing more than 80 per cent of auctions.

A record 130,000 new detached homes will commence construction in 2021, driven in part by HomeBuilder, according to the HIA.