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The Latest Breaking News from Nicola Powell

Home sellers still reap huge profits but cracks appear

A sharp decline in property prices has sparked fears of negative equity but less than three per cent of houses sold for a loss in the first half of 2026.

AAP

Unit prices down as affordability shapes the market

New home value data from Domain shows unit prices across the country are decreasing at a far faster rate than last quarter.

AAP

Housing costs crisis needs 'decades' of falling prices

Recent falling house prices have barely eroded an affordability gap that has built up over years of rising values, as experts warn much more time is needed.

AAP

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City to take mantle of nation's most expensive units

Most property markets in Australia will slip in value over the 2026/27 financial year, but there are some outliers in latest data.

AAP

Nation-first stamp duty cut gains federal endorsement

The ACT has abolished stamp duty for first home buyers, prompting calls for other states and territories to follow suit.

AAP

Australian housing was already cooling before the budget – but how cold it gets depends on two key factors

Most economists believe the chronic undersupply of homes will eventually push prices higher once interest rates ease and the tax changes are priced in

The Guardian - AU

Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say

The Guardian - AU

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From Perth To Hobart, How Australia’s Rental Crisis Is Unfolding In 2026

We break down what’s happening with rental prices and vacancies in every state with the help of Domain's Raent Report in 2026.

Pedestrian.tv

Safe as houses: home resale profits go through the roof

Record home sales profits are lining the pockets of people in the housing market, while pushing the price of admission beyond the means of ordinary Australians.

AAP

Domain’s 2026 First Home Buyers Report Is Here & The Results Are… Mostly Grim

The price of entry-level homes and units has increased in almost every capital city.

Pedestrian.tv

Young women giving up on home ownership as costs rise

Young people, particularly women, are turning their backs on home ownership as up-front and ongoing costs combined with other pressures put it out of reach.

AAP

House prices surge as city-dwellers flee to the regions

Aspiring home buyers are fleeing to the regions as falling interest rates and limited supply drives city house prices to fresh record highs.

AAP

Illicit cigarettes surge clouds modest spending lift

A 0.2 per cent rise in household spending in September would have been twice as strong if not for a fall in legal tobacco sales, according to official figures.

AAP

Australian House Prices Just Hit Highest Rate In 4-Years, See How Your State Has Fared

The median house price in Sydney just hit a jaw-dropping $1.75 million.

Pedestrian.tv

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AAP

'Wild' $2m forecast for nation's priciest house market

It's a great time to own a home but a tough time to buy one, with values rising fast in the regions and every capital.

The Guardian - AU

Australian house prices rising at fastest rate in nearly four years, data shows

Brisbane overtakes Canberra as second-most expensive housing market, after Sydney, with median prices rising by nearly $40,000

AAP

Renters surprise winners from cheaper mortgage deposits

Despite predictions a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation's renters.

AAP

Rate cut run may be over as inflation raises concerns

Hopes for more rate cuts are fading after the Reserve Bank of Australia took a hawkish turn as it held interest rates steady in a widely-expected move.

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AAP

Worrying trend for bargain-hunting first home buyers

Abolishing "terrible" stamp duty would help arrest the loss of affordable homes, with lower-end properties growing in price faster than the rest of the market.

The Guardian - AU

House prices rise in every Australian capital city together for first time in four years

Demand jumps nationwide after two interest rate cuts in 2025 increase borrowing capacity and underpin a wave of buying

AAP

Affordability 'tipping point' nudges renters into units

A slowdown in rental growth even with still-low vacancy rates suggests renters have maxed out on what they can afford.

AAP

Pedal to the metal for home prices as rates fall

Sydney and Melbourne are expected to be the fastest-growing property markets in 2025/26 as mortgage rates fall, Domain forecasts shows.

AAP

Borrowers rejoice as rates cut amid 'uncertain' times

The official cash rate has a three in front of it for the first time in two years, after the Reserve Bank cut interest rates by 25 basis points.

AAP

Million-dollar homes here to stay in record five cities

The supply of homes is increasing but prices are still at record highs, with $1 million properties the norm facing buyers in a record five Australian cities.

AAP

Soaring rents slow down as tenants pushed to the brink

Rents remain at record highs in every capital city despite a slowdown in price growth, says a report that finds low supply leaves landlords with the upper hand.

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