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Property

Qld flood-stricken homes bulldozed as part of buyback scheme

The state government has begun demolishing homes as part of its ‘life-changing’ home buyback program, with 160 homes under review.

Auctions to start with a ‘whimper rather than a bang’: CoreLogic

With auctions recommencing this weekend, property analytics company CoreLogic has warned that the market will likely be off to a slow start.

Regional Qld monsoon support extended

Five more local government areas have been made eligible for disaster assistance following the continued monsoon activity in the state.

FHBs flock to outer suburbs: NAB

First home buyers have gravitated towards purchasing home in outer metro growth areas as lending costs increase, NAB data has revealed. 

Housing finance commitments lifted, CommSec reveals

Home loan commitments remained above decade averages across all states and territories except for the Northern Territory, the latest CommSec data revealed.

50% of Aussie housing markets declined in 2022: CoreLogic

Half of Australian housing markets saw an annual decline in values last year, with 80 per cent noting declines in the final quarter, according to new data.

Home prices tipped to fall another 9% in 2023, economist warns

As higher interest rates are expected and the property market demand eases, economists expect further price falls in the coming months.

‘Record high’ housing construction in September: ABS

Building activity has been booming, even despite rising interest rates, the latest ABS figures have shown.

Savings buffers ‘exhausted’, Equifax warns

Higher interest rates have consumed Australian borrowers’ savings buffers, leaving many at greater risk of mortgage arrears.

Property settlements continued upward trend in December: PEXA

Growing settlement figures for December rounded out ‘a big year in property’, the latest PEXA insights have confirmed.

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