Help to Buy Scheme to assist first home buyers into housing - HIA
“The Housing Industry Association (HIA) welcomes the introduction of the Help to Buy legislation to support more young Australians access to housing and address the declining rates of home ownership in Australia,” said Jocelyn Martin, HIA Managing Director.
Housing affordability decreased in 2023, driven by a simultaneous increase in housing values, rent values and interest rates, a new report by ANZ and CoreLogic has found.
Softest capital city preliminary clearance rate since mid-March, an early sign of weaker conditions ahead - CoreLogic
Capital city auction activity held relatively steady last week, with 2,972 homes auctioned across the capitals, easing slightly from the 2,990 held the week prior.
REIA urges tenants to negotiate ‘mutual agreements’ as vacancies plummet
Real Estate Institute of Australia (REIA) President, Mr Hayden Groves has urged tenants to seek out ‘Mutual Agreements’ with property managers if they require changes to a property.
V shaped recovery: CoreLogic's national Home Value Index reaches a new record high in November - CoreLogic
Australian dwelling values have regained the losses from the recent downturn and surpassed their previous peak to reach a new record high, CoreLogic's national daily Home Value Index shows.
Regional markets lag capitals' rent and value growth - CoreLogic
After recording stronger growth and milder declines through the recent cycles, a new analysis of Australia's regional housing markets shows many areas have lagged their capital city counterparts over the past year.
John McGrath – Sydney leads the national market recovery
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, Sydney is leading the national property market rebound, with home values resuming their long term growth pattern following a relatively short and sharp market correction.