Property

Australia’s housing market is on the verge of a full recovery from the 2022 downturn.

The major bank’s latest property survey has found that market share of first home buyers sank in 3Q23.

More Australians are delaying home purchases in anticipation of declining property prices.

Sellers should aim to sell in November, according to PropTrack, with the month achieving the highest national price difference.

As property values have nearly recovered their losses incurred in 2022, the number of days a property remains on the market has steadily decreased.

The latest ABS data has revealed a drop in dwelling commencements for the June quarter.

The deposit bond provider has observed a spike in interest for deposit bonds from home buyers.

New analysis has revealed the potential for newly constructed granny flats in the three largest capital cities to alleviate the housing shortage.

ABS data has revealed overseas arrivals have increased once again as the growing population draws more concerns over housing supply.

Despite a slight dip in homes listed in September compared to August the spring season has started stronger than last year, according to the property data services platform.