Property

Mike Zorbas, chief executive of the Property Council of Australia (PCA), recently fronted the Senate committee on Housing Affordability in Australia to advocate for numerous property ...

AMP’s chief economist Shane Oliver has forecast that prices will fall further this year, stating the current stabilisation is likely just a ‘blip’.

As the nation approaches the three-year anniversary of the first COVID-19-induced lockdown, CoreLogic analyses the data and poses the question: has the market returned to normal?

An industry heavyweight has suggested the Reserve Bank of Australia’s (RBA) latest cash rate call, combined with low stock levels, could incite increased market action. 

China is on track to spend 33 per cent more on Australian residential property in this financial year, with $1.6 billion invested in just six months.

Australian dwelling values have recorded the steepest drop on record, falling by 7.9 per cent over the past year.

The state’s peak real estate body has urged the Andrews government to consult with property leaders and finance experts to ensure further strain is not placed on the market.

While men have traditionally held more property than women in Australia, the gap is closing, according to CoreLogic’s 2023 Women and Property Report.

The regional shared-equity scheme has helped its first 2,000 new home buyers, yet there’s much more to go.

New building approvals fell by 27.6 per cent in January, the lowest monthly level seen since July 2012, with houses recording their fifth consecutive monthly drop.