Property

The Reserve Bank of New Zealand will allow more lending to borrowers in the highest risk bands as the restrictions have built financial stability.

Katie Stevenson assumes the role following half a decade as the chief of staff for former NSW minister for infrastructure, minister for cities, and minister for active transport, Rob Stokes

March saw yet another drop in new home sales in March when compared to the previous month as higher rates impede sales, HIA economist says.

The Queensland government has been called out by the REIQ over its new rent reform and how it could potentially harm investor borrowers. 

Australia’s housing supply is not keeping up with its growing population following overseas migration rising back to record highs, AMP senior economist says.

Despite the push for more sustainable housing developments, financing creative solutions can be a setback for developers, report finds.

International buyers were the “bigger players” in the Australian housing market during the first quarter, according to the major bank.

The IMF has ranked Australia’s housing market as being the second most high-risk country of 27 countries, which CoreLogic attributes to five reasons.

Costs for construction continue to be the main constraint for new housing development in Australia, NAB’s latest property survey highlighted.

A new survey has revealed more than 40 per cent of firms rate housing affordability and supply as the most critical issue for both the federal and state governments.