Property market news

Green shoots appearing in property market as Sydney and Melbourne turnaround

There are early signs the housing market may be recovering, with small price rises in Sydney and Melbourne – where house prices have dropped the most in recent years.

By Emma Duffy ● August 29, 2019

“This is not a problem caused by avocado brunches or too many lattes”: Millennials financially worse off than Baby Boomers

A new Grattan Insitute report, “Generation Gap: Ensuring a fair go for younger Australians” reveals younger generations are in danger of being the first generation to have lower living standards than their parents’ generation.

By Emma Duffy ● August 19, 2019

Home lending ticks upwards in June

The latest home lending data for the month of June shows a 1.3% monthly increase in the value of loans approved.

By William Jolly ● August 07, 2019

Reserve Bank keeps cash rate steady

The Reserve Bank has decided not to go for the hat-trick of rate cuts and has instead maintained the official cash rate at 1.00%.

By William Jolly ● August 06, 2019

Property market stabilises in July

CoreLogic data has shown five of the eight capitals recorded a slight rise in property values in July, resulting in a 0.1% national increase.

By Alex Brewster ● August 01, 2019

RBA cuts interest rates two months in a row

The Reserve Bank has continued to shake up the status-quo, cutting the official cash rate by 25 basis points for the second consecutive month in a bid to stimulate the economy.

By William Jolly ● July 02, 2019

Could you be sitting on a granny flat goldmine?

More than half a million home owners across Australia are sitting on ‘pots of gold’ and could be increasing the value of their property by up to as much as 30%, new research shows.

By Emma Duffy ● June 17, 2019

Vast majority of Australians still think housing affordability is a big issue

Nearly nine in 10 Australians still think housing affordability is a big issue in Australia despite recent falls in median house prices.

By William Jolly ● June 11, 2019

First home buyer market share surges toward seven-year high

The share of first home buyers in the home loan lending market continued to rise in April amid the extended slide in property prices.

By Emma Duffy ● June 10, 2019

Home lending “disappointing” in April: ABS

Housing finance remains soft, as house price falls and tightened mortgage lending cool the market, data from the Australian Bureau of Statistics (ABS) shows.

By Emma Duffy ● June 07, 2019

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