Property

Australia’s property prices are set to decline by 15 per cent over the next 18 months, according to a new PropTrack analysis.

Foreign investment fees will be doubled from Friday as part of the Albanese Government’s move to deliver its housing reform agenda.

Over 41 per cent of housing across the country lost value during the three months to June, according to new CoreLogic figures.

The number of capital city homes clearing at auction have continued to sink, despite a recent lift in volumes.

The number of total dwelling commencements has fallen for the third consecutive quarter, however dwellings currently under construction have reached record highs.

The state’s government has brought industry leaders and experts together in a move to improve its response to its housing and homelessness crises.

Dwellings across the country are continuing to lose value, with SQM Research data reporting an average loss of 1.1 per cent nationally. 

The property business’ chief executive has raised questions over the federal government’s Home Guarantee Schemes and whether they can address affordability.

Fresh listings for the month have increased at their highest rate in over 10 years, according to new figures by the analytics outfit.

The number of Australians wishing to purchase property has fallen according to new data, with rising interest rates pinned as an explanation.