Bank of mum and dad growing the divide between those who can and those who can't buy property
The latest Adelaide Bank/REIA Housing Affordability Report shows affordability is worsening, just as new research from Mozo shows increasing numbers of parents are stepping in to help their children get a foot on the property ladder.
Perth property prices could tick higher this spring: REIWA
With spring expected to draw an influx of buyers, and amid tight supply of properties for sale, Perth property prices could rise in the coming months, says Hayden Groves, president of the REIWA.
Sydney market headed for "a few years of flat capital growth": REINSW
Buyers and sellers in the Sydney real estate market should expect a strong spring, but then a few years of flat capital growth, says John Cunningham, president of the REINSW.
Lenders offering lower interest rates, incentives in lead up to spring
Competition for good-quality borrowers is hotting up in the lead up to spring, with lenders offering lower interest rates, fee waivers, or lower deposits for favoured customers.
New home sales continue to retreat from record highs
A 15.7 per cent slump in new apartment sales contributed to a 3.7 per cent drop in new home sales across the country, with Melbourne the only national capital to record an increase.