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If large numbers of homeowners are unable to keep up on loan repayments, they could be forced to sell.
NEWS
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Australian construction work defied expectations and posted only a modest fall in the June quarter, supported by a strong engineering sector.
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Melbourne house prices are forecast to fall by 15 per cent, while Sydney prices could drop by 13 per cent, ANZ says.
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SMATS FX is proud to provide our weekly analysis of currency markets and exchange rates. Latest USD, AUD GBP and other currency news.
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Real estate agents say returning ex-pats and east coast workers are putting price pressure on pockets of Perth.
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There were 1,082 capital city homes taken to auction this week, a slight increase on the 1,046 homes auctioned the week prior.
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Build-to-rent housing can disrupt the prevailing speculative development model.
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Big decisions are being made which will have a dramatic effect on the future of Fremantle and wider Perth.
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The RBA hit back at ABC reporting that exposed how the dire view of the housing market held by some staff clashed with the rosy picture presented in public.
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Low interest rates are here to stay according to the Reserve Bank of Australia’s governor Philip Lowe and economists.
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The Bubble House in Queensland comprises 11 circular domes and took 10 years to build.
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Investors are swooping on industrial properties in sale and leaseback arrangements, with close to $81 million of assets on the market in western Sydney.
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