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House prices up almost 4% over 12 months

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.

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Stoush continues over negative gearing

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".

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Building approvals rose 11.7% in November

Approvals for the construction of new homes rose 11.7 per cent in November, beating market expectations of a one per cent decline.

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Construction expands but momentum slows

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.

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Flat week for capital city house prices

National home prices remained flat last week, but the continued drift in Sydney means they dropped on a monthly basis.

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Softer housing conditions expected in 2018

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.

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$1.2bn of investor loans switched in Nov

Mortgage holders switched $1.2 billion worth of finance from investor loans to owner-occupier in November, according to the Reserve Bank of Australia.

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NAB refunds $1.7m in mortgage interest

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.

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Australia's housing boom won't crash

Australia's property boom is almost over, but its two key markets will have a soft landing not a crash, a leading economist says.

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Australia's housing boom is almost over

The Aussie property boom is nearing its end, with housing price growth to run in the low single-digits in 2018, a leading economist says.

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Home prices fell 0.2% in Sept quarter

Capital city home prices fell 0.2 per cent in the September quarter.

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Home auctions bounce back from 2-year low

The number of homes going under the hammer has risen across the nation over the past week, while housing prices have hardly moved.

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Home loan values lift 0.6% in Oct

The value of home loan approvals has risen 0.6 per cent to $32.8 billion in October compared to September.

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Less new stock coming onto property market

Australia's property market is continuing to come off the boil, with Adelaide and Darwin the only major cities with more new homes listed for sale than a year ago.

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RBA holds rates amid weak wages growth

Sluggish wages growth and soft consumer spending remain concerns for the central bank, which has left the cash rate unchanged despite a buoyant jobs market.

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Flat week for capital city house prices

The combined home values of Australia's five major capital cities were flat last week, although the Sydney market continued to show signs of deterioration.

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Vic estate agents fined for underquoting

A Melbourne branch of real estate agency Hocking Stuart has been fined $160,000 for breaching consumer laws by "plainly deliberate" underquoting.

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Hobart unit sales quicken, Sydney slows

Selling an apartment in Hobart takes on average half the time than it did a year ago, and it's gotten quicker to sell homes in Perth and Adelaide.

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Low income renters squeezed out of cities

A single person on welfare can no longer afford to rent in Australia's cities and would need 150 per cent of their income to live in Sydney.

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Home prices flat compared to a month ago

The home values of Australia's five major capital cities have hardly changed compared to a month ago.

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