House prices could rise by up to 6 per cent in 2023 while the share of income going to mortgage repayments could reach a ...
By Malavika Santhebennur • 21 Aug 2023
Housing affordability improves for the first time since 2021: REIA
There was an uptick in housing affordability in several states recently but the number of first home buyers declined, ac...
By Malavika Santhebennur • 11 Jun 2024
Housing affordability slumps to lowest on record since GFC
A new report has revealed that housing affordability has declined by almost 14.0 per cent over a 20-year period and 12.4...
By Malavika Santhebennur • 11 Sep 2023
Housing affordability, supply concerns at record high
Almost half of property professionals responded to a survey that housing supply and affordability are the most critical ...
By Malavika Santhebennur • 10 Jul 2023
Interest rate drop to spur home buying activity: Mortgage Choice
Many prospective home buyers in 2025 are waiting for house prices or interest rates to fall before triggering their home...
By Malavika Santhebennur • 12 Nov 2024
Mortgage delinquencies to keep rising: Moody’s
As high interest rates and inflation erode household savings, Australian residential mortgage delinquency rates will con...
By Malavika Santhebennur • 12 Oct 2023
Mortgage stress at record high: Roy Morgan
Mortgage stress rose to a new record high in February despite the central bank leaving the rates unchanged at its Februa...
By Malavika Santhebennur • 27 Mar 2024
Mortgage stress eases despite Cup Day rate rise
Mortgage stress decreased for the second straight month in November 2023 despite the central bank raising rates by 25 ba...
By Malavika Santhebennur • 18 Jan 2024
National home prices hit new peak in June: PropTrack
Despite slower growth, national home prices reached a new peak in June 2024, marking 18 months of consecutive increases,...
By Malavika Santhebennur • 01 Jul 2024
National home prices hit new record in April
Higher interest rates haven’t dented property prices, which hit their peak nationally in April 2024, according to new ...
By Malavika Santhebennur • 03 May 2024
New home lending rises for the first time in 16 months: ABS
The value of new housing loan commitments grew for the first time in March 2023 since the beginning of 2022 while first ...
By Malavika Santhebennur • 08 May 2023
New loan values plunged, refinancing surged in CY23: PEXA
Rising interest rates dampened new loan values in 2023 but led to a surge in refinancing activity as borrowers shopped f...
By Malavika Santhebennur • 15 Feb 2024
No ‘quick fix’ for housing supply-demand imbalance, RBA warns
Property and rent prices will keep rising until new housing supply comes online, but this will take time to occur given ...
By Malavika Santhebennur • 17 May 2024
NSW budget focuses on growing housing supply
In its first state budget in a decade, the NSW Labor government has announced a $2.2 billion Housing and Infrastructure ...
By Malavika Santhebennur • 21 Sep 2023
Over 1 million mortgagors ‘at risk’ of mortgage stress: Roy Morgan
Mortgage stress increased to the highest level since July 2013 in the three months to December 2022, with almost a quart...
By Malavika Santhebennur • 01 Feb 2023
Owner-occupier activity boosts October housing lending: ABS
A sharp upturn in new owner-occupier loan commitments contributed to overall housing lending growth in October, but refi...
By Malavika Santhebennur • 05 Dec 2023
Pace of house price falls slows by six times: Domain
New data suggests Australia’s housing market downturn has lost steam and the peak rate of the quarterly decline has pa...
Range of incentives needed to solve housing crisis: HIA
The peak body for residential building has pushed policymakers to take action to reach state and national housing target...
By Malavika Santhebennur • 03 Jun 2024
Rate pause lifts consumer mood but remains low
A new survey has revealed that the RBA’s decision to pause rate rises in February was a shot in the arm for consumer s...
By Malavika Santhebennur • 16 Feb 2024
REB Business Empowerment Showcase: Building a brain trust
Rather than going for a “trial-and-error approach”, new business owners are advised to tap into the power of a relia...
By Robyn Tongol • 26 Apr 2023