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The Latest Breaking News from Tim Lawless

Melbourne is the only Australian capital to see a drop in house prices. What’s going on?

The Victorian city seems to be on a different trajectory to others – what might that mean for housing affordability?

The Guardian - AU

Housing 'defining issue' for economy, says treasurer

Rents remain a lingering source of inflation weighing heavily on household budgets, with the federal government keen to see more homes built to ease pressures.

AAP

Canberra houses are outpacing units in value - and for good reason

Home value index shows slow growth during July.

The Canberra Times

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Adelaide home prices could soon surpass Melbourne as Victorian capital slumps

Fall of 4.4% since peak in 2022 bucks broader trend, PropTrack finds, with national real estate prices 6.3% higher than a year ago

The Guardian - AU

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

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

Why foreign home buyers are spending their money in Canberra

Foreign property purchases have soared by 80 per cent.

The Canberra Times

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Helicopter rides and a wealthy contact list: inside Australia’s luxury real estate market of $60m-plus homes

Forget interest rates and consumer sentiment – luxury markets are swimming in a completely different lane, agents say

The Guardian - AU

$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

Canberra overtaken as second-most expensive housing market

Another capital city has seen huge price gains since COVID.

The Canberra Times

How AI Changes The Healthcare Industry

With its predictive capabilities, AI can introduce a new level of personalization and timely interaction, leading to more accurate disease diagnosis and more effective treatment, according to industry experts.

International Business Times

How your home's value has grown in five years

Values in one suburb have risen by more than 60 per cent.

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

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Pedestrian.tv

Why Melbourne Is The Only Capital City Where House Prices Have Actually Dropped In 2024

Melbourne is the only city that has seen house prices drop since the start of the year, as Australia grapples with a fifth month of record high prices.

AAP

Home values jump $12k despite rate hikes

Homes values have continued their march upwards despite rate hikes with the latest data revealed on Tuesday.

The Guardian - AU

Australian house prices hit record high for fifth consecutive month

CoreLogic data shows prices rose 0.6% in March while separate index from PropTrack produces similar results

AAP

Rate peak to buoy confidence and possibly home prices

Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.

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news in one place.

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Newcastle Herald

Most expensive homes lead price growth in Newcastle and Lake Macquarie

The report analysed home value growth over the last quarter.

AAP

House prices surge in years since pandemic

House prices have risen by more than 30 per cent across Australia in the four years since the outbreak of COVID-19, a report has revealed.

Newcastle Herald

$2 million waterfront two-bedder reflects rise of Lake Macquarie home prices

Lake Macquarie recorded the highest dwelling value growth in the Hunter.

The Canberra Times

Rent prices dropped last month - is relief coming?

The median Canberra dwelling - house or unit - is $840K.

AAP

Home price growth gathers pace as confidence returns

Property prices in Perth, Adelaide and Brisbane still grew the fastest in January but Melbourne and Sydney also had a more convincing month.

AAP

Affordability woes could fuel demand for unit living

Land values, a scarcity factor and the need for more space during COVID-19 lockdowns have turned the gap between house and unit prices into a chasm.

Newcastle Herald

Newcastle home prices up just 0.1 per cent in January

'It is pretty clear some momentum has come out of the marketplace'.

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