The number of home loan approvals for owner occupiers has dropped 1.4 per cent in April, ahead of market expectations of a 1.8 per cent decline.
More than a quarter of new homes built in New South Wales are being bought by foreign buyers, with Victoria close behind and closing in, according to new resear…
Melbourne's apartment boom has spread to the suburbs as developers focus on boutique city-fringe projects instead of CBD and Southbank sites.
HIA is calling for a rate cut from the RBA amid poor building approval figures.
The amount of construction loans approved rose by 1.2 per cent despite a decrease in the number of loans approved for home owners.
The demand for home loans fell in July, missing analyst expectations, according to the Australian Bureau of Statistics.
The Property Council thinks there will be a rush of investments under new planning laws in Adelaide.
Fewer students could be permitted into Australia following the adoption of stricter immigration laws, an expert has claimed.
Fewer new Australian properties were approved in May than there were in April, a new report has revealed.