National Australia Bank is the first of the big four banks to raise owner-occupier home-loan rates, lifting the rate by 7 basis points to 5.32 per cent.
Foreign buyers accounted for 10.4% of new property purchases in the June quarter, the third consecutive monthly fall according to NAB's Residential Property Survey.
Di Jones' 'In Conversation' delivers property insights ahead of election
Di Jones Real Estate has hosted its inaugural ‘In Conversation’ with a panel of experts, revealing their opinions about the upcoming election, new legislation, and high auction clearance rates.
Foreign buyer policies taking a toll, but not in Brisbane
Policies to deter foreign property investors have seen the level of foreigners in the market fall to 2.5 year lows, NAB's Residential Property Survey shows.