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New property listings increase in January

Property markets around Australia kicked off to a strong start, with capital cities recording the busiest January for new properties listed in eight years, according to REA Group’s latest ...

New property listings increase in January
CBA records rise in home loans

The Commonwealth Bank of Australia’s transaction balances soared to $317 billion – after taking $94 billion home loans in the six months ended 31 December.

CBA records rise in home loans
Property spending more than doubled in 2021

Australians spent more than $688 billion on property in 2021, growing a “massive” 57 per cent in 2021 – according to PEXA’s latest report.

Property spending more than doubled in 2021
NAB tips house price turning point in late 2022

The big four bank has predicted house price growth will moderate later in the year, in tandem with the Reserve Bank of Australia kicking up the cash rate.

NAB tips house price turning point in late 2022
Australia’s clearance rates continue to climb upwards

The number of cleared properties is continuing to trend upwards, according to new CoreLogic auction data, yet it remains down from last year.

Australia’s clearance rates continue to climb upwards
REIA calls for FHLDS expansion

The real estate body’s president has become the latest to support a larger scheme, suggesting it would stimulate home buying, supply and jobs.

REIA calls for FHLDS expansion
NSW units drive uptick in dwelling construction approvals

While most states saw a decline in residential construction approvals over December, apartments and units boosted NSW dwellings by around a third.

NSW units drive uptick in dwelling construction approvals
‘It’s always hard to buy your first home’: Scott Morrison

Prime Minister Scott Morrison has acknowledged that it is “terribly hard” for people to own their own home, as house prices continue to hit new records.

‘It’s always hard to buy your first home’: Scott Morrison
House prices continue to soar in January: CoreLogic reveals

CoreLogic’s latest home value data shows a 1.1 per cent price rise in January added to the highest annual increase since June 1989 of 22.4 per cent.

House prices continue to soar in January: CoreLogic reveals
Property prices to rise a further 10 per cent in 2022

As the demand for properties for sale remains heightened across the country, REA Group’s latest report anticipates 2022 will see property prices rise 6-9 per cent, down from last year’s ...

Property prices to rise a further 10 per cent in 2022
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