Housing affordability remains a significant national challenge despite the latest HIA Affordability Report showing an improvement in the early months of 2017.

Malcolm Gunning, president of the REIA, has warned that the combined actions of APRA, ASIC and the banks could decrease demand for new properties to such an extent that housing supply dwindles and the construction sector weakens.

Rowan Isaacs will head up buyers’ agency Cohen Handler's first US office.  

ABS home loan data was weaker during February, in what could be an early sign that tighter lending rules are beginning to bite.