The nation's housing affordability woes continue as new research shows nearly 10 million Australians believe the Australian dream of owning a home is unattainable.
The research, published by the Salvation Army on Thursday, reveals 9.9 million Australians believe the dream of owning a home is over, while 7.7 million feel their financial situation is affecting their emotional well-being, family life, career goals or social life.Read More
Sales of new detached homes have fallen 2.1 per cent nationwide but Australia's home building industry body believes any continuing downturn is likely to be modest.Read More
The auction clearance rate across Australia's five major capital cities fell in the past week, while home prices remained unchanged.Read More
The housing industry has backed a new report into housing affordability calling for more supply but has cautioned against a cut in the migration intake to solve the problem.
The Grattan Institute think-tank report criticises governments over the past two decades for creating a housing mess by taking easy options rather than addressing the real problem of supply.Read More
Australian house prices are at a standstill but auction clearance rates have improved.
Values in Sydney, Melbourne, Adelaide and Perth were flat last week, while Brisbane managed a lift of just 0.1 per cent, according to figures from property data firm CoreLogic.Read More
Auction clearance rates have significantly lifted over the past week across Australia's five major capital cities.Read More
Sydney house prices have continued to slip further than the national average last week, CoreLogic property data shows.Read More
Home prices across Australia's five major capital cities have risen 3.6 per cent over the past year, but on a weekly basis, they've fallen 0.2 per cent.Read More
Unit rental prices have eased in Sydney and held steady in Melbourne but soared in Hobart and Canberra, new figures show.Read More
The value of new home loan approvals rose 2.3 per cent to $33.5 billion in November, latest data shows.Read More
House price growth is expected to remain slow this year but rebound in 2019.Read More
Home prices across Australia's five major capital cities have dipped, falling 0.1 per cent over the past week, but they have risen 3.9 per over the past 12 months.Read More
Labor has seized upon research presented at a Reserve Bank of Australia workshop to back its case for doing away with negative gearing but the government says the paper is "preliminary and incomplete".Read More
Approvals for the construction of new homes rose 11.7 per cent in November, beating market expectations of a one per cent decline.Read More
Construction activity has continued to expand in December thanks to a rise in employment but the industry's overall growth momentum is slowing, new figures show.Read More
National home prices remained flat last week, but the continued drift in Sydney means they dropped on a monthly basis.Read More
National house prices fell in December, dragged down by weakness in Sydney's housing market, and have set the scene for softer housing conditions in 2018, new figures show.Read More
Mortgage holders switched $1.2 billion worth of finance from investor loans to owner-occupier in November, according to the Reserve Bank of Australia.Read More
National Australia Bank has refunded $1.7 million to almost 1,000 mortgage customers after charging them too much interest because it failed to properly set up their offset accounts.Read More
Australia's property boom is almost over, but its two key markets will have a soft landing not a crash, a leading economist says.Read More