Property

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.

The major bank’s subsidiary has announced the introduction of additional progress payments to support Western Australia’s housing supply.

Capital cities that have led the home price recovery have recorded slowing growth, PropTrack has found.

The value of Australia’s 11 million residential homes has topped $10.2 trillion for the first time.

New home loan activity contributed to an uptick in mortgage growth in October, new ABS data has found, as refinancing continued to fall.

The number of dwellings approved ticked up for the month, however, economists still note that approvals are sitting at low levels.