Property

While an increasing number of Australians could find themselves in ‘mortgage prison’, chief executive at Finni Mortgages said it’s important to shift the mindset.

Following the Labor Party’s victory at last month’s election, the Minns government has announced its full ministry, including the new housing minister.

CoreLogic’s Home Value Index has recorded the first month-on-month increase in national home values since April 2022.

Australia’s housing supply constraints are expected to worsen, with a shortfall of more than 100,000 homes over the next five years.

Australian home prices have reversed the downward trend with prices rising after declines eased into the end of 2022.

Adrian Harrington has resigned as chair of the National Housing Finance and Investment Corporation, with an acting chair appointed.

Just 9.1 per cent of Australian suburbs are presenting better value for home owners than renters, the latest CoreLogic analysis reveals. 

The Palaszczuk government says it wants to give the state’s renters “a fair go”, releasing its plans to stabilise rental prices across Queensland.

The federal government’s housing affordability package is yet to pass, with arguments for and against mounting in the last few sitting days before the budget.

The deadline for HomeBuilder applicants to submit supporting documentation has been extended due to supply constraints and construction industry delays.