Property

While home loan arrears have been resilient to date, property price declines and rising rates will “hurt some borrowers”, sparking mortgage arrears. 

While Australia’s economic growth is expected to take a hit in 2023, bank economists agree that Australia will avoid recession.

The Gold Coast continued to be the crowd favourite among interstate buyers, according to a new report, with southerners being the sought-after location’s top fans.

New analysis has painted the build-to-rent (BTR) sector as “an investment theme not to be ignored” over the coming years.

Sales settlements picked back up across all major states, except Victoria, the latest data has revealed.

The government’s interim National Housing Supply and Affordability Council will be led by the chief executive of Mirvac, it has been announced.

More than half of potential future Australian home buyers believe they can afford a standalone house in the next five years.

The Real Estate Institute of Victoria (REIV) called for “renewed focus” on the state’s property sector in the wake of the re-elected Labor government’s cabinet reshuffling.

Paramedics and early childhood educators are now included in the NSW government’s Shared Equity Home Buyer Helper scheme, after the eligibility was expanded.

Surging inflation, eight consecutive interest rate hikes, and deteriorating affordability drove a shift in Australia’s 2022 housing market performance, the end-of-year data reviews.