Property market news

Residential land prices defy falling demand, continue to rise

Despite a fall in demand, the price of land in Australia for new residential building has continued to rise, according to a new report.

By Dominic Beattie ● March 15, 2019

Property buyers expect house prices to continue falling

The latest edition of Digital Finance Analytics’ (DFA) household survey has revealed house price expectations have taken a complete nosedive across all consumer groups.

By William Jolly ● March 14, 2019

What over two-thirds of Aussie consumers say are the wisest places for savings

The mood of Australian consumers has deteriorated this month, according to the latest consumer sentiment index from the Westpac-Melbourne Institute.

By Dominic Beattie ● March 13, 2019

Australian house values continue to trend lower: CoreLogic

National dwelling values fell by 0.7% in February, according to CoreLogic, with values declining by a total of 6.8% since prices peaked in October 2017.

By William Jolly ● March 12, 2019

How RBA rate cuts may have affected Australia’s housing market

Australia’s rapid growth in house prices and construction over the past few years is largely a result of low interest rates, according to new research published by Australia’s central bank.

By Dominic Beattie ● March 11, 2019

Enough Sydney vacancies to house Wagga Wagga’s population

Greater-Sydney’s empty properties are enough to shelter the entire population of a town the size of Wagga Wagga or Tamworth, according to one property research firm.

By Dominic Beattie ● March 04, 2019

Property price falls ease over February: Corelogic

The median value of Australian property continued to slide over February, albeit at a slower pace than in January and December, according to new data.

By Dominic Beattie ● March 01, 2019

Westpac & UBS flag further housing market weakness

Analysts from two of Australia’s biggest financial institutions have warned that tightening lending standards could continue to lower house prices and weigh down the economy.

By Dominic Beattie ● February 26, 2019

Aussies spending less due to slow wage growth and falling house prices: RBA Governor

Australia’s economic outlook has been affected by soften-than-expected consumer activity, according to RBA Governor Philip Lowe.

By Dominic Beattie ● February 22, 2019

Property investors look towards Perth and Brisbane for gains

Australian property investors consider Perth and Brisbane the best capital cities to invest in, according to a new survey.

By David Lammey ● February 20, 2019

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