The number of construction loans and loans to households purchasing new homes is slightly below peak levels recorded in late 2015 and early 2016 and is consistent with high levels of new home building, says HIA Economist, Geordan Murray.
Chris Bowen says housing affordability at 'crisis levels'
Shadow Treasurer Chris Bowen has spoken about the decline in Australia's housing affordability, saying we are 'a nation that can no longer house its own children.'
Place Advisory' annual investor survey shows that Brisbane investors are shifting their attention to the middle-city ring, and are less optimistic about the property market.
The 0.25% cut in official interest rates by the Reserve Bank yesterday should see renewed activity from property investors, up graders and first-home buyers according to Shane Kempton, CEO of Professionals Real Estate Group.
