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Housing construction to ‘bottom out’ mid-2021

The construction of new homes in Australia is forecast to “get worse before it gets better”, according to Deloitte Access Economics, but should start to recover towards the end of the year

Housing construction to ‘bottom out’ mid-2021
Brisbane unit rental prices outrun Melbourne

Rental prices for apartments in Brisbane have surged, surpassing Melbourne levels for the first time in five years.

Brisbane unit rental prices outrun Melbourne
Housing policy must be ‘measured’, says REIA

The industry body for real estate agents has called for property policy commitments that consider all players in real estate, as the possibility of a 2021 federal election looms.

Housing policy must be ‘measured’, says REIA
Plenti records $1bn Aussie fintech ‘first’

Plenti has achieved record ‘firsts’ for an Aussie fintech consumer lender, despite COVID affecting personal loans.

Plenti records $1bn Aussie fintech ‘first’
More home owners expect house price rise in 2021

Almost half of homeowners expect their property value to shoot up in 2021, while pent up demand will “wash through”, according to an industry fund-owned bank.

More home owners expect house price rise in 2021
Multi-unit approvals lag behind detached housing

A combination of factors has driven robust demand for detached dwellings but multi-unit approvals remain subdued, according to the ABS.

Multi-unit approvals lag behind detached housing
Mortgage interest rate ‘apathy’ on the rise

Less than half of all homeowners know their current home loan interest rate despite homeowners ranking paying off their mortgage as their top priority, figures revealed.

Mortgage interest rate ‘apathy’ on the rise
Property poised for a strong start to 2021: CoreLogic

Australia’s housing market ended 2020 on a positive note, with CoreLogic’s national home value index rising a further 1.0 per cent in December.

Property poised for a strong start to 2021: CoreLogic
Housing supply to exceed demand in short term: NHFIC

Housing supply needs to keep pace with an expected rebound in housing demand once international border restrictions are eased, with projections that supply will struggle to keep pace with ...

Housing supply to exceed demand in short term: NHFIC
Urgent freezing orders issued to property developer

ASIC has obtained urgent interim orders and started court proceedings against a property developer following concerns it was using investor funds for personal use and providing unlicensed ...

Urgent freezing orders issued to property developer
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