The apartment glut in Melbourne and Sydney is adding further pain to the market as buyers struggle to finance their off-the-plan purchases.
Roy Morgan research in late 2018 showed a rise in the number of Australian borrowers with little or no equity in their homes, at 386,000 households up from 345,…
The proportion of borrowers who are behind on their home loan payments has edged up to its highest level in more than two decades, with Queensland and Western A…
The Reserve Bank is expected to cut Australia’s already record-low interest rates later this year.
While the news is grim for many Aussie homeowners, things are finally starting to look up for first homebuyers who have long struggled to enter the market.
Over the year, total housing credit grew by 5.1%, the weakest increase in five years.
The housing market is in the early stages of a correction and the Reserve Bank of Australia hasn't equipped itself with effective tools to cushion the economy f…
Regulatory measures to curb growth in investor lending have “meaningfully reduced” risks in Australia’s housing market, RBA deputy governor Guy Debelle says.
With house prices falling, Australia is entering unknown territory.