The Latest Breaking News from Eliza Owen

During 2022, eight successive rate rises to combat high inflation quickly hit the housing market, slowing 2021’s extreme growth and remaining at the centre of the fall in Australia’s home prices. So what's next?

Fast-paced rate rises are not forcing people to sell up in large numbers but there could be a spike in such sales next year.

Australian home owners are spending more of their income on mortgage repayments, and the pain is only set to worsen. Experts say some could be forced to sell.

One capital city led the charge with eye-watering gains, and some suburbs posting almost 80 per cent growth in housing values since the onset of COVID-19.

National house prices have fallen in November but the pace of decline has slowed as low stock levels persist and buyers push ahead with purchasing despite rising interest rates.

Data reveals a list of suburbs where house and unit values have slumped back to pre-COVID-19 levels. With prices tipped to fall further, is it a good time to buy?

Data shows where the biggest discounts on Canberra homes can be found.

House values in the region recorded falls of six per cent over the last three months.

After months of production, five houses on The Block went under the hammer... or tried to. Here's how their wildly different auction results represent Australia's current housing market.

Home prices have been dropping over the past six months as the Reserve Bank of Australia has raised interest rates from a record low in May to curb red-hot inflation. And with interest rates set to keep rising, more falls are expected.

Buyers are in the driver's seat, but it's not all bad news for sellers.