Australian house prices are continuing to rise, and lower inflation could put pressure on the Reserve Bank of Australia (RBA) to cut interest rates soon. Recent data suggests inflation may
Frustrated home seekers have been given a boost as property listings across Australia surged in July, providing more housing options and easing competition. PropTrack data shows that new listings in
Buyer confidence in Australia is on the rise, despite high property prices and interest rates forcing many to make significant compromises. The latest Mortgage Choice Home Loan Report reveals that
With soaring property prices and high interest rates, “rentvesting” is becoming an increasingly popular strategy for first-time buyers. Sydney resident Hayley McCoy, after struggling to save for a home deposit,
In the past three months, apartments have outpaced houses in price growth across almost every Australian capital city, with Darwin and Canberra being the exceptions due to higher supply levels.
Australia has entered a new phase of internal migration, with more people choosing regional living over city life, according to the latest Regional Movers Index (RMI). The June 2024 quarter
The Australian rental market showed signs of stabilising in July as more property investors re-entered the market, offering renters slightly more options after a period of record-low vacancy rates. Data
After a brief slowdown, construction costs in Australia are once again on the rise, reversing last year’s trend. While the cost of building a new home increased by over 20%
Australia’s rental crisis is driving more people to share housing or live with relatives as rents surge at the fastest pace in over a decade. Commonwealth Bank Australia’s (CBA) latest
Airbnb has disputed claims that it is contributing to Australia’s property crisis. The Australian Bureau of Statistics reported that the national average new mortgage size hit a record high of
Australia’s preliminary auction clearance rates across the combined capitals edged above 70% last week, reaching 70.4%, according to CoreLogic. This slight rise follows a revised clearance rate of 64% from
House prices throughout Australia reached new peaks in July according to new figures from PropTrack. It says while July is typically the slowest month for house price growth, nationally house
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