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Mortgage prison looms with Sydney prices set to drop nearly 200k

Since peaking in January 2022, Sydney’s house prices have declined significantly, and new data from RateCity predict this trend to continue through to next year’s conclusion.

Mortgage prison looms with Sydney prices set to drop nearly 200k
Latest property tax ‘at odds’ with affordability aim

The Real Estate Institute of NSW (REINSW) has criticised the Perrottet government’s strategy of combating housing affordability by implementing taxation.

Latest property tax ‘at odds’ with affordability aim
Home sales drop 15.7% in 3rd quarter: HIA

The Housing Industry Association has released its latest sales report for the month ended in September.

Home sales drop 15.7% in 3rd quarter: HIA
Qld government launches housing framework for youth

The Queensland government has launched a new policy and framework aimed at helping young Queenslanders access safe and secure housing.

Qld government launches housing framework for youth
First home buyer purchases ‘shot up’ as house values fall

As the value of residential property in Australia has continued its fall, first home buyers’ purchases have increased, according to CoreLogic.

First home buyer purchases ‘shot up’ as house values fall
NSW launches tool to compare stamp duty v property tax

The NSW government has made it easier for first home buyers to compare the cost between a small annual property payment or paying stamp duty upfront.

NSW launches tool to compare stamp duty v property tax
‘Big shock coming’: fixed-rate refinancers warned

There’s no discernible trend in loan defaults and arrears now, but it is coming, APRA has highlighted.

‘Big shock coming’: fixed-rate refinancers warned
Treasurer’s first investor roundtable to target housing

Addressing barriers to investment in housing will be the subject of the first meeting of the Treasurer’s new investor roundtable next month, it has been confirmed.

Treasurer’s first investor roundtable to target housing
Clearance rates at highest level since May

The combined capitals preliminary clearance rate held above 60 per cent for the sixth consecutive week, latest Corelogic data reveals.

Clearance rates at highest level since May
Property Council CEO to step down

The chief executive of the Property Council of Australia will resign his post at the end of the year. 

Property Council CEO to step down
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