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Auction rates dip as new listings spike

Both auction volumes and clearance rates decreased last week, while new property listings surged across the capitals, new data has shown.

Auction rates dip as new listings spike
Home buying intentions continue to rise

The Commonwealth Bank Household Spending Intentions series has shown that home buying intentions set a new series high in March.

Home buying intentions continue to rise
Auction volumes recover from Easter lull

Auction numbers have bounced back following the quieter Easter period, while clearance rates have jumped considerably compared with this time in 2020, according to data.

Auction volumes recover from Easter lull
Speeding up land supply would help cool house prices: NAB CEO

NAB chief executive Ross McEwan has urged state governments to speed up the development of land for residential construction to ease pressure on supply and cool rising prices.

Speeding up land supply would help cool house prices: NAB CEO
HomeBuilder construction starts extended

The federal government has extended the construction commencement requirement for the HomeBuilder grant from six months to 18 months for all existing applicants.

HomeBuilder construction starts extended
Major banks revise house price predictions

The CEOs of the big four banks have outlined what their forecasts are for house prices over the next few years.

Major banks revise house price predictions
Big salaries but no scale: Why Citi is leaving Australia

For the US-based chiefs of Citigroup, shuttering the underachieving Australia consumer business could not have come soon enough, says James Mitchell.

Big salaries but no scale: Why Citi is leaving Australia
Government urged to expand HomeBuilder to social housing

The federal government has “a golden opportunity” to help ease homelessness by extending HomeBuilder to social and affordable housing, according to Everybody’s Home.

Government urged to expand HomeBuilder to social housing
HomeBuilder applications now closed

Applications for HomeBuilder have now closed, with applicants being given until 30 April 2023 to submit all supporting documentation.

HomeBuilder applications now closed
House commencements at 20-year high: ABS

The total number of dwelling units commenced spiked in the December quarter, driven by a 20-year high in detached house starts, according to data.

House commencements at 20-year high: ABS
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