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NSW gets lion's share of Airbnb hoard

Seven of the top 10 Airbnb hosts in Australia are in NSW with the highest earner in Sydney raking in $5.3 million a year across 247 properties.

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Construction to give a steer on GDP growth

Economists will start refining their growth forecasts over the next couple of weeks ahead of the national accounts on December 6, figures Treasury will use in setting its own predictions for the mid-year budget review.

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Foreign demand easing for Aussie property

Purchase of residential property by foreign buyers, particularly from China, has eased over the past year because of tighter capital controls by Beijing and limited access to local finance, a top central bank official has said.

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APRA warning about bigger home loans

APRA is still concerned about the size of the mortgages consumers are taking on despite the banking regulator's intervention having curtailed housing market risks.

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Interest rate risk to mortgage load: APRA

Many Aussies will have to fork out half of their incomes to cover their mortgages if interest rates return to average levels, the banking regulator has warned.

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Home auctions rise, but well down on 2016

Sydney home prices have again fallen while Melbourne's have remained flat, but the national auction clearance rate last week was better than the previous week's.

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Growth in China property investment slows

Property investment in China rose 7.8 per cent in January-October from the same period a year earlier, slowing from an 8.1 per cent gain in the first nine months of 2017, official data shows.

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NT govt floats land tax in consultations

The Northern Territory government could introduce a land tax or dump stamp duty and it says all options are on the table as it scrambles to boost revenue.

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Melbourne property shows signs of cooling

The typical Melbourne home is worth more than $100,000 than it was a year ago, but there are signs the southern city's property market could follow Sydney's slowdown.

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Home loan approvals down 2.3% in Sept

The number of home loan approvals has declined 2.3 per cent in September, well down on market expectations for an increase of 1.5 per cent.

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First home buyers regain market foothold

First home buyers are regaining a foothold in the housing market, enjoying their biggest share of new mortgages in almost five years.

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Apartment slump continues for third month

The number of new apartments being built across Australia has fallen for the third consecutive month, the latest Ai Group Performance of Construction Index shows.

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Qld Greens propose house vacancy tax

Brisbane home owners who deliberately leave properties vacant will be taxed to fund affordable housing for the homeless under a Queensland Greens proposal.

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Vic rent reforms to 'push out landlords'

A move to give Victorian tenants more rights risks driving landlords out of the market, Victoria's real estate institute warns.

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New NSW housing tied up in red tape

Red tape is preventing developers from building hundreds of thousands of new homes on land in Sydney.

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McGrath won't achieve earnings estimate

McGrath Limited expects its full-year earnings will be lower than a key analyst's estimate, following a weaker-than-expected first four months of trading.

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Genworth hit by tighter mortgage market

Genworth Mortgage Insurance says regulatory intervention in the home loan market is squeezing margins, after its third-quarter profit fell by almost a third.

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RBA move unlikely as services growth slows

Australian services sector growth slowed for a third straight month in October, further reducing chances of a Reserve Bank rate hike next week.

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Home prices flat as auctions hit 2017 high

Clearance rates across Australia's capital cities edged higher last week despite the highest number of home auctions so far this year.

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Falling new home sales yet to hit bottom

New home sales continue to slump but have yet to reach their low point.

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