Property

Higher interest rates have consumed Australian borrowers’ savings buffers, leaving many at greater risk of mortgage arrears.

Growing settlement figures for December rounded out ‘a big year in property’, the latest PEXA insights have confirmed.

The latest Property Market Indicator released by CoreLogic has revealed a steep drop in the mortgage market.

Increased borrowing costs and tight serviceability requirements have contributed to a decline in new housing lending, with further reductions expected.

First home buyers in NSW can choose between stamp duty and property tax from today, as the First Home Buyer Choice comes into effect.

The first Aboriginal first home buyers to come through the ‘Jalbi Jiya’ program are proving the model’s success, the state government has announced.

Housing approvals and affordable homes supply shows SA sector strength, the state government has suggested.

An easing of Australia’s rental market in the final quarter of 2022 was not enough to halt the country’s annual rents from growing at record highs, according to new research.

The Chris Minns-led NSW opposition has pledged more regional housing support if it wins the upcoming state election.

The Reserve Bank’s rate hikes have contributed to a slowdown in the number of dwelling approvals over 2023, HIA economist says.