Property

The final report into housing affordability has seen mixed reactions, with some industry organisations applauding the recommendations and others clapping back for more.

First home buyers should be able to use their retirement savings as collateral for a mortgage, according to a parliamentary inquiry.

Consumer confidence and the housing market could be dampened by Russia’s invasion of Ukraine amid heightened global uncertainty, CoreLogic’s founder has warned.

The average value for a capital city dwelling is now over $920,000, marking the largest annual increase ever reported by the ABS.

Planning and housing supply should be a key issue for the government as the election looms, the chiefs of Boral and Mirvac have said.

As the global pandemic has pushed Australia’s housing market to new records – property price gains now rank number one on an international scale.

The industry body hopes the move will garner universal political support over improved affordability in the lead-up to the federal election.

RMBS delinquencies have dipped over the December quarter, with the financial services group predicting rates will maintain as the economic growth stabilises.

The big four bank has added two years to its partnership with Head Start Homes, an organisation that aims to help community housing residents into home ownership.

The surge in house prices over the past year has put women on the back foot, according to new CoreLogic research.