Households make room as renters share living costs pain
More struggling, noodle-eating students are moving in together as rents soar in cities and pledges to fix the housing crisis dominate the federal election.
More struggling, noodle-eating students are moving in together as rents soar in cities and pledges to fix the housing crisis dominate the federal election.
Rents remain at record highs in every capital city despite a slowdown in price growth, says a report that finds low supply leaves landlords with the upper hand.
Home sellers notched a record profit in last three months of 2024 but not every property owner will be so lucky in the future, real estate researchers warn.
Promising housing data and a return to growth in real household incomes augur well for the Australian economy in 2025.
House prices have rebounded to record highs after the Reserve Bank's rate cut boosted sentiment and improved Australians' borrowing power.
Australia's historically affordable regional housing markets have continued to demonstrate resilience, compared to a price decline in capital cities.
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
Despite the Albanese government's well-meaning rhetoric, its policies and results reveal a failure to fix housing affordability, a housing expert says.
High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.
Selling a vision for the future, rather than dwelling on past achievements, is the prime minister's blueprint for winning over voters to secure a second term.
The cost of building a home continues to rise, making it harder for builders to meet supply targets and alleviate housing affordability.
Homeowners and renters face some of the most challenging conditions in years, with both groups spending a growing proportion of income on a place to live.
Canberra boasts the most energy efficient homes in Australia but cities with older stock like Sydney and Hobart are lagging.
Labor has chalked up a last-minute legislative victory, with the Greens backing its housing scheme, as several MPs bid Canberra farewell.
Labor has had a breakthrough on its stalled housing agenda after securing Greens support for a federal shared-equity scheme and build-to-rent policies.
Adding clean energy and housing as supplementary investment priorities for Australia's sovereign wealth fund has drawn sharp rebuke from the opposition.
Quicker approvals and slashing red tape are some of the key measures the business lobby has put forward to improve housing affordability and accessibility.
The Business Council of Australia says state governments should be able to intervene in council planning decisions, using a carrot and stick approach.
The rental crisis is now in every community, as the nation's essential workers struggle to find affordable homes to rent and monthly dwelling approvals drop.
Australian homes are worth more than ever but the annual pace of growth has slowed rapidly in the past three months.
The Property Council argues stamp duty is a major barrier for downsizers, while Victoria's premier did not rule out a one-off exemption to free up family homes.
Peak construction bodies have warned that a boost in building approvals in July was not enough to hit the national target of 1.2 million new homes by 2029.
The launch of an eye-watering penthouse development targeting ultra-wealthy buyers is a sign of the times in one of Australia's hottest real estate markets.
Apartments and houses built in the last decade are more energy efficient and easier to cool or heat, a CSIRO study has revealed.
Soaring real estate prices in mid-sized capitals has pushed the average new owner-occupier mortgage to record levels.
Interest rates, labour shortages and investor confidence are contributing to weak building approvals, but there are signs of recovery in detached homes.
Residential construction costs have finally stabilised after a prolonged period of strong price growth put pressure on the industry.
The demise of several big construction companies has triggered a massive jump in insurance premiums for homebuilders.
Brisbane is now the second most expensive city to buy a house, leapfrogging the nation's capital Canberra to sit behind Sydney for the first time since 1997.
Property developers say installing electric car chargers in apartment buildings is becoming almost impossible due to inconsistent safety rules.
Housing affordability has worsened in Australia and could be set to deteriorate further but there is no easy fix on the horizon.