Property

There has been a significant shift in previously-accessible regional housing markets, new data has revealed.

CoreLogic’s recent report has highlighted the house market’s unlikely recovery in the wake of economic headwinds throughout 2023.

The Australian property market took a tumultuous ride throughout 2023, marked by nuanced shifts and unexpected turns, ultimately culminating in a record high by year end.

Household wealth in Australia continued its upward trajectory for the fourth consecutive quarter, according to the ABS.

Amid soaring mortgage rates and cost-of-living pressures, more Australians are anticipated to reduce their spending and actively search for deals during this holiday season.

While national sales of new homes remain low, Western Australia seems to have bucked the trend, HIA has found.

Confidence in the Australian property sector has lifted, however, concerns around housing affordability and supply still persist, a survey has revealed.

Only four in 10 future first-time borrowers are likely to choose the mortgage broking channel, according to new research released by the FBAA.

Distressed property listings remained low in November, with some cities reaching record-low levels, despite rising mortgage costs, according to new data.

Over one-third of investors and home owners have indicated they are not prepared for interest rates to remain at current levels, a report has found.