Rates uncertainty takes sting out of home price growth
The temperature in the housing market appears to be coming down as interest rate uncertainty keeps more buyers on the sidelines.
The temperature in the housing market appears to be coming down as interest rate uncertainty keeps more buyers on the sidelines.
Residential construction costs have finally stabilised after a prolonged period of strong price growth put pressure on the industry.
Homes in Queensland's remote communities are chronically overcrowded, and waiting lists for social housing blowing out, sparking calls for federal funding.
Australia's housing minister has not said whether she believes having a home should be a human right, as a political gridlock delays building new homes.
More than 94 per cent of national home sales in the first three months of 2024 recorded a nominal gain, the highest profitability rate since 2010.
Billions of dollars in funding have been allocated to states and territories in Labor's plan to address shortfalls in social housing and homelessness services.
Renters in the regions are having to find an extra $153 a week to go towards keeping a roof over their heads, on average, compared to June 2020.
Most Queensland nurses, teachers and police officers can no longer afford to buy their own home to live in - even with a dual income.
Australian home prices are set to hit new heights as population growth, construction challenges and borrowing power hits the market.
Landlords, holiday-home owners and businesses could be hit with higher taxes in the NSW budget, while $200m has been set aside for homes for regional workers.
The Victorian government has identified where it wants 2.5 million homes to be built, with Geelong, Melbourne's CBD and outer suburbs to do the heavy-lifting.
Homes will be built quicker and more efficiently under a NSW budget plan that will cut red tape, drawing praise from developer groups and housing advocates.
Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.
Opposition leader David Crisafulli has made a pre-election pitch focusing on housing but has vowed to scrap a controversial energy project.
Brisbane Lord Mayor Adrian Schrinner is set to introduce a permit system for short-term accommodation including Airbnb.
Queensland's first-time home buyers will get a stamp duty discount, in a bid to get more young buyers into the market.
A real estate body has called on authorities to provide an accountable delivery plan, describing the Queensland's housing crisis as "woeful".
The ever-increasing cost of housing is one of the big challenges facing young people but their future is not bleak, the Treasury secretary says.
economy (general)
government
house building
housing and urban planning
politics
state budget and tax
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.
High housing prices and cost-of-living pressures are driving an exodus from cities, data reveals, with one capital losing residents to the regions in droves.
CoreLogic has revealed regional house values and rents have sky-rocketed to all-time highs, with Western Australia experiencing the biggest jump.
Queenslanders are spending the first decade of their mortgages paying taxes as the government reaped $3.5 billion more than forecast, research suggests.
Rental reforms have passed Queensland parliament but a peak body fears it might not deliver necessary relief.
A small lift in vacancy rates offers a ray of sunlight for renters as challenges in the housing market become a sharper focus for the major political parties.
The federal government has announced $11.3 billion to fast-track the delivery of new homes but faced criticism for not extending further support to renters.
Landlords are charging more on the fringes of capital cities as migration meets a shortfall in new housing, driving rents up even further.
A judge has dismissed class action by Melbourne public housing tower residents against the Victorian government, but will allow them to reframe their case.
A poll shows almost half of all migrants and refugees feel they are copping the brunt of Australia's housing affordability crisis.
economy, business and finance
homelessness
house building
housing and urban planning
politics
real estate
Housing affordability has worsened in Australia and could be set to deteriorate further but there is no easy fix on the horizon.
A decision to use an empty $400 million quarantine facility for police training has been described as a "bitter blow" in the fight against homelessness.
Rentals are in short supply and prices are rising fast but there's more to the story than international students, the Student Accommodation Council says.