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Fears are growing that Australia’s housing affordability crisis could be worsening, as new ABS data shows average home prices have surpassed $1 million.
NEWS
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Struggling mortgage holders may have to wait a little longer for interest rate relief, a big four bank’s economist warns.
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A Sydney construction firm has gone into voluntary administration after being subject to $12.9million in building defect claims.
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The cost of buying a new home has hit another milestone, even as the speed at which prices are increasing slowed over the past year.
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EQ managing director Warren Hogan has called for the RBA to cut the cash rate by 35 basis points at its July meeting.
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Worsening global housing affordability crisis presents major risks to Australians (Australian Property Investment Magazine)
Not one of 95 international property markets analysed falls into the category of affordable, but Australia is among the very worst and property bubble risks are…
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While all capital cities saw house prices increase in May, Melbourne had the strongest monthly rise, according to PropTrack's Home Price Index.
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How much does it cost to be in the top 5 per cent of the housing market?
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Mortgage holders urged to check repayment settings as millions miss out on potential savings (Nine News)
Millions of households are being urged to check their mortgage repayments, with just one of the big four banks automatically reducing direct debit amounts in li…
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Cheap money isn’t coming back. Bigger deficits, the energy transition and investment in AI mean the cost of borrowing will be higher in the years ahead.
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A property mogul who owns more than 300 homes worth nearly $250million has claimed he still doesn't believe he has enough.
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While core inflation edged up slightly in April, one industry expert believes the modest increase is unlikely to be a cause for alarm for the RBA.
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