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Building approvals down by 8.6%

Dwelling construction approvals fell by 8.6 per cent in April, dragged by a large fall for apartment developments in Victoria.

Building approvals down
6 in 10 Millennials lack savings plan: CBA

More than half of all Millennials said they intend to buy a house within the next five years, but an equal number reported not having a regular savings plan, according to the CBA.

6 in 10 Millennials lack savings plan: CBA
Housing boom perseveres with 2.2% value hike

Housing values rose by 2.2 per cent over May, continuing the steady climb from the month before, according to CoreLogic.

Housing boom perseveres with 2.2% value hike
Melbourne auction market strong despite lockdown 4.0

Victoria’s lockdown 4.0 failed to dampen the auctions market in Melbourne last week, although volumes were slightly lower than previously predicted, according to CoreLogic.

Melbourne auction market strong despite lockdown 4.0
LATEST PODCAST: How Melbourne’s lockdown 4.0 is impacting property

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: How Melbourne’s lockdown 4.0 is impacting property
Perth sales rebound after double-digit decline

The roller-coaster ride of Perth’s sales activity continues following the most recent double-digit decline.

Perth sales rebound after double-digit decline
Novice investors warned on regional property value spike

A buyer’s agent has told rookie investors to exercise caution around the property value boom across regional Australia, warning that some locations will not reap success for the long term

Novice investors warned on regional property value spike
NHFIC proposes funding model for social housing

The national housing body has offered new funding approaches to delivering social and affordable housing in a research paper, which it said could cut costs by 80 per cent.

NHFIC proposes funding model for social housing
Auction rates fall below 79.0 per cent

There were just under 2,900 homes taken to auction across the capital cities last week, with a clearance rate of just over 78 per cent, CoreLogic figures have shown.

Auction rates fall below 79.0 per cent
LATEST PODCAST: Rising fixed rates and RLO debate heats up again

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Rising fixed rates and RLO debate heats up again
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