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Sharper house price fall tipped as rates rise

ANZ has shifted its forecasts around the housing market, expecting rising mortgage rates to drag prices by 3 per cent this year.

Sharper house price fall tipped as rates rise
NSW mortgage volumes falling

New mortgage volumes were down in NSW in March 2022 for the first time following record highs in 2021, according to new data.

NSW mortgage volumes falling
PM promises early super for housing

The Liberal Party has pledged to allow first home buyers to use their superannuation savings for housing deposits, but the proposal has come under scrutiny. 

PM promises early super for housing
41.4% of income needed to service mortgage, finds report

More than two-fifths of a borrower’s income was needed to service mortgages in March 2022, after rising for the third consecutive quarter, according to new research.

41.4% of income needed to service mortgage, finds report
Majority of South Australians worried about housing

A new survey has found the vast majority of South Australians know someone who is struggling in the housing market, with fears for people locked out of ownership. 

Majority of South Australians worried about housing
Qld invests $741m to help rebuild flood-impacted homes

The state’s government has revealed the launch of its Resilient Homes Fund, devoted to rebuilding homes damaged from the floods.

Qld invests $741m to help rebuild flood-impacted homes
Newly built homes sales slowed in April: HIA

The sales of new detached dwellings slipped over April, and ran lower than a year earlier, when HomeBuilder was in full swing.

Newly built homes sales slowed in April: HIA
Time taken to save a deposit hits record 11.4 years

Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11.4 years, according to a new ANZ CoreLogic report.

Time taken to save a deposit hits record 11.4 years
NT commits $68m to residential land development

The territory’s government has unveiled its latest budget, confirming further support in land developments and a record investment in remote housing.

NT commits $68m to residential land development
Perth, Darwin values lift as capitals cool down

Homes across smaller capital cities have continued to rise in value, with Perth and Darwin reporting distinctive bumps in growth.

Perth, Darwin values lift as capitals cool down
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