Property

Australian home builders have built bigger homes over the past year even before the onset of COVID-19, but the pandemic could accentuate this demand, according to research.

Almost a third of the population believe the COVID-19 crisis has left them in a worse position to purchase property, according to new research.

The lead-up to the Melbourne Cup was not enough to curb auction volumes in Melbourne last week, where restrictions have started to ease, according to research.

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

Regional house prices and rental values have continued to grow, with new data showing that increasing demand has pushed up prices.

Housing finance commitments have reached above decade averages in seven states and territories, and above year-ago levels in all economies, according to CommSec data.

The median house price in the Tasmanian capital surged by 16 per cent in a year, reaching record highs in the September quarter, new data from Domain has shown.

During the week ended 25 October, there were a total of 1,456 capital city homes taken to auction, the largest volume of auctions seen since early April.

A November rate cut by the Reserve Bank of Australia now looks all but certain, according to CBA’s chief economist, Stephen Halmarick.

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