Potty prices: Sydney studio apartment with toilet in kitchen on market for $520 a week Weekly rent on this ‘room with a poo’ is up $140 since 2020, a reflection of Australia’s rental crisis The Guardian - AU · Oct 14, 2022
NSW stamp duty overhaul ‘vanilla’ but could help first home buyers cut costs Annual tax could be paid for almost 20 years before it equalled the value of a stamp duty payment in parts of western Sydney, calculator suggests The Guardian - AU · Oct 10, 2022
Sydney to be home to most expensive rents Sydney is likely to surpass Canberra as the most expensive city for renters as the housing crisis shows few signs of easing. AAP · Oct 10, 2022
Rent prices show signs of stabilising in Newcastle and Lake Macquarie The current median weekly rental value is $606 in Newcastle and Lake Macquarie. Newcastle Herald · Oct 10, 2022
Queensland is the most expensive place to build in Australia with construction costs set to continue, CoreLogic says Queensland's construction costs had the highest quarterly rise nationwide, according to a new report by a leading property analyst group. ABC News · Oct 6, 2022
Sunshine and Gold Coast properties have boomed since 2020, now they're leading the real estate downturn It is a long way from a bust, but the booming property prices in Queensland's two most popular regional centres are leading sunshine state's downturn. ABC News · Oct 6, 2022
Reserve Bank set for another double-sized interest rate rise as borrowers brace for pain The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers. ABC News · Oct 3, 2022
Big issues at play could cause the RBA to make smaller cash rate hikes Lower rises expected for the rest of the year, economists say, with the possibility of a pause in the longer term The Guardian - AU · Oct 3, 2022
‘In their stride’: Why property prices might not fall as far as feared Australia’s housing correction may not be as bad as feared as buyers take rising interest rates “in their stride”, a leading economist says. The New Daily · Oct 3, 2022
House values continue to fall across Newcastle and Lake Macquarie The latest data from CoreLogic also reveals that the median house price in the region is now $856,513. Newcastle Herald · Oct 3, 2022
Property prices dropped further in September and falls ‘could accelerate’ again with rate rise Investors and banks predict RBA will raise cash rate further on Tuesday, while rent increases begin to slow around Australia The Guardian - AU · Oct 2, 2022
Home values fall for fifth straight month Home values have dropped in nearly all Australian capital cities as interest rate rises weigh on property prices. AAP · Oct 2, 2022
Property prices drop nationally again, with Sydney diving 6pc annually and regional Australia following suit Interest rate hikes are continuing to hit the property market, with capital city housing markets falling by up to 6 per cent in the past three months. ABC News · Oct 2, 2022
Hurricane Ian: Damage will drive insurance rates even higher, cripple industry TALLAHASSEE, Fla. — With early predictions of $50 billion in damage from Hurricane Ian, experts worry whether the state’s struggling property insurance system will become another casualty of the storm and lead to even higher premiums. Orlando Sentinel · Oct 1, 2022
Tribune News Service · Sep 22, 2022 COVID-19’s long impact on the housing market The coronavirus pandemic has had profound impacts on the housing market. House flipping and residential real estate investing have risen drastically, with real estate analytics firm CoreLogic reporting that investors bought a record high 28 percent of all single-family homes in the first quarter of 2022.
ABC News · Sep 12, 2022 Darwin's rising property values attracting investors, putting pressure on Northern Territory renters With the cheapest homes of any capital and prices on the up, real estate experts are calling Darwin an "investor's dream". But as competition heats up, the divide in the housing market is growing.
ABC News · Sep 11, 2022 Perth rental market tightens further as experts tip moderate house price growth Experts explain why there is likely more pain ahead for West Australian families struggling to get a roof over their heads, as they share their predictions for WA property prices.
The Guardian - AU · Sep 1, 2022 New Zealand house prices continue to plunge, as national average falls below $1m Downturn is entrenched across the country, but fears that falling prices and rising interest rates will hit borrowers have been played down
The Guardian - AU · Aug 31, 2022 Morning mail: unions and business find common ground, house prices plummet, Nationals overlook women Thursday: Today’s jobs summit opens with broad consensus on three big-ticket policies. Plus: seven pictures of Boris Johnson looking daft
AAP · Aug 31, 2022 Housing lending down as prices plunge New loan commitments fell 8.5 per cent in July as a report shows property prices have taken a deep dive.
The New Daily · Aug 31, 2022 Property prices fall at fastest rate in 39 years as rate hikes bite Australian property prices have posted their largest single-month decline since 1983 as rising interest rates bite into home values across most capitals.
The Canberra Times · Aug 31, 2022 Canberra house values drop 2 per cent as downswing accelerates While house values a declining fast, units in the territory are yet to experience the same trend.
ABC News · Aug 31, 2022 House price plunge spreads with biggest monthly decline in 39 years Australia's housing market decline spreads across all capital cities and most regional areas, with national prices falling by the most in any month since 1983.
Newcastle Herald · Aug 29, 2022 Faster than Sydney: Newcastle house values up 460% in 30 years The east side of Lake Macquarie and Newcastle have made a list of the top regional districts in Australia for house value growth over the past three decades.
The Guardian - US · Aug 19, 2022 American dream of owning a home out of reach for many in tight markets Many middle- and lower-income Americans are left with a dwindling number of options or forced into renting while supply increases for the wealthiest buyers