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The Latest Breaking News from CoreLogic

Construction costs cool but expert 'can't think of any winners here'

'Perfect storm' emerging for a year of pressure on the industry.

The Canberra Times

Three neighbouring homes chase $5 million pay day in Kotara TOD area

A concept plan shows the site could house around 68 apartments.

Newcastle Herald

One major factor is blocking Americans from homeownership now

Several realities contribute to the top barrier for people looking to buy a home.

The Street

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read the most diverse news in one place.

Property converted to have eight bedrooms for student tenants

It's currently taking in thousands a week in rent.

The Canberra Times

Relocated workers cottage from the flooded Acton Peninsula up for auction

Its original owners helped build Old Parliament House.

The Canberra Times

Cheaper materials take edge off home-building costs

Residential construction costs have finally stabilised after a prolonged period of strong price growth put pressure on the industry.

AAP

The US housing market was a bust this spring. Here’s what that means for summer and fall

The nation’s housing market sales slump is dragging on into its third straight year, as evidenced by another weak spring homebuying season

The Independent UK

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Buyer inspects beachside suburb house on Friday, buys for $4.35m on Saturday

The buyer phoned in their bids for the property in Merewether.

Newcastle Herald

$45,000 in a year: How Newcastle house prices keep climbing

Low supply is keeping prices high across Australia.

Newcastle Herald

Average Australian house price hits almost $800,000

Soaring house prices might please home owners but for those trying to enter the market the odds are stacked against them as chronic housing shortages persist.

AAP

Open door for lenders on climate risks at 11m homes

A data-rich tool will gauge the energy efficiency and climate profile of the nation's 11 million homes, with some already risky for mortgage lenders.

AAP

Flipping good deal: property profits hit a 14-year high

More than 94 per cent of national home sales in the first three months of 2024 recorded a nominal gain, the highest profitability rate since 2010.

AAP

Worsening rental affordability hurting regions

Renters in the regions are having to find an extra $153 a week to go towards keeping a roof over their heads, on average, compared to June 2020.

AAP

Mortgage arrears hit three-year high amid uncertainty

The number of Australians behind on their mortgage has reached a three-year high with many making repayments by dipping into savings and working more.

AAP

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Newcastle Herald

Debt-free borrowers earning $100k struggle to secure a 500k loan in Newcastle

'Every rate rise equates to around $20,000 less that you can borrow'.

AAP

Home prices in three cities are outpacing their peers

Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.

The Guardian - AU

Australian capital city rents have biggest monthly fall in over four years but crisis ‘far from over’

Sydney house rents still nation’s highest but an expected rise in vacancy rates this winter could provide some relief to tenants, expert says

Newcastle Herald

Mayfield in demand: properties spend fewer days on market, multiple $1m-plus sales

'We can't keep up with buyer numbers'.

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news in one place.

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Newcastle Herald

Historic house on The Hill sells for $12 million, becoming Newcastle's most expensive

The heritage-listed home was built around 1877.

AAP

Brisvegas is second most expensive after Emerald City

Brisbane is now the second most expensive city to buy a house, leapfrogging the nation's capital Canberra to sit behind Sydney for the first time since 1997.

The Canberra Times

Canberra overtaken as second-most expensive housing market

Another capital city has seen huge price gains since COVID.

AAP

Regional rents, house values soar to all-time highs

CoreLogic has revealed regional house values and rents have sky-rocketed to all-time highs, with Western Australia experiencing the biggest jump.

Newcastle Herald

Blue ribbon street in Belmont eyes another big sale with $3.7 million listing

It follows two multi-million dollar sales on Ross Street last week.

The Canberra Times

Home prices have fallen but one ACT suburb has seen 20pc growth

Where home values have risen during two years of rate rises.

The Canberra Times

Weekly rents hit record high in parts of Canberra

Rents are on the rise again after a downturn in 2023.

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