Property

While CDR and open banking could pose a risk to brokers retaining their clientele, their value proposition would lie in the insight and advice they offer to their clients, according to the ...

Despite being severely impacted by the COVID-19 pandemic, the demand for Victorian housing remains strong, with average time on market at its lowest level in over a decade.

The number of first home buyers looking to enter the market has more than doubled since 2019, according to a Westpac survey.

Preliminary ABS data has revealed that the value of residential construction work done has declined in the September quarter to its lowest level since 2014.

There were a total of 1,791 auctions held last week, the highest number of auctions held since the week before Easter.

The average mortgage interest rate paid by households is expected to continue to decline “for a while yet”, according to the central bank.

The Victorian government will deliver a “historic” $5.3 billion Big Housing Build to construct more than 12,000 new homes throughout metro and regional Victoria, it has been announced.

The residential vacancy rate across Perth declined slightly in October, coinciding with a drop in new investment financing.

While the strong shift in demand for detached housing has persisted, the cancellation rate of new home projects has increased slightly, new figures have shown.

A fragmented property ownership platform has launched a ‘buy now, pay later’ offering for on-title property ownership.