Homebuyers at square one as price hikes eat rate cuts
A slowdown in the bellwether housing markets of Sydney and Melbourne suggests that sentiment is starting to sour as hopes of more interest rate cuts dissipate.
A slowdown in the bellwether housing markets of Sydney and Melbourne suggests that sentiment is starting to sour as hopes of more interest rate cuts dissipate.
construction and property
economy, business and finance
housing and urban planning
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real estate
Aspiring home buyers are fleeing to the regions as falling interest rates and limited supply drives city house prices to fresh record highs.
The dream of owning a freestanding house close to the city is fading, with data showing demand far outstripping supply.
Slashing the amount needed for a first home deposit might be doing more harm than good for young Australians hoping to get a foothold on the property ladder.
Prince Andrew's mansion residence has been quizzed in a rare political intervention over the embattled royal's links with American sex offender Jeffrey Epstein.
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economy, business and finance
house building
housing and urban planning
politics (general)
real estate
It's a great time to own a home but a tough time to buy one, with values rising fast in the regions and every capital.
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economy, business and finance
house building
housing and urban planning
politics (general)
real estate
One in every three property markets in Australia have a median value of $1m after fresh gains across the country, led by Queensland.
A real estate agent accused of raping and sexually abusing three women at multiple open homes is fighting the allegations in court.
Despite predictions a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation's renters.
The great Australian dream of property ownership continues to resemble a nightmare for many buyers as prices surge and the supply of homes dwindles.
The rate of migration from capital cities to regional centres continues to outpace moves in the other direction despite slowing towards pre-pandemic levels.
Home values have grown at the fastest rate in 15 months as the mismatch between supply and demand continues driving up prices.
A housing minister says it was a mistake not to promote a major social housing initiative as a significant economic stimulus package.
construction and property
economy, business and finance
housing and urban planning
interest rate
personal finance
real estate
Interest rates might be weighing less on Australians' decision to buy or sell a property, with affordability now ranked as the leading influence.
Hastening development approvals without increasing building capacity will only add to the bottleneck in housing construction, researchers warn.
Further interest rate cuts on the horizon have stirred the nation's housing market with prices rising for a sixth straight month alongside demand.
Interstate migration and the allure of warmer weather have contributed to a city's house prices surging past the million-dollar mark.
An upswing in home values has broadly eased, but almost 45 per cent of Australian suburbs are at record-high dwelling values after sustained growth.
Australia's residential property market is being stoked by strengthening demand fuelled by lower interest rates and a tighter supply of homes for sale.
Governments are taking aim at red tape to fix a chronic undersupply of housing in Australia but the industry warns cultural issues will be harder to fix.
The prospect of more interest rate cuts has pushed house prices to record highs and is expected to continue fuelling growth for the rest of the year.
Two regional centres either side of a state capital recorded the highest dwelling value increases so far in 2025, as capital cities reverse a decline.
economy, business and finance
election
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politics (general)
real estate
state budget and tax
Federal Labor has ruled out changes to property tax handouts, but the Greens will try to force the party to act on the issue if there's a hung parliament.
Tackling housing instability is key to securing an election win, with Labor vouching for build-to-rent while the coalition says Australians should own a home.
construction and property
housing and urban planning
lifestyle (house and home)
politics
real estate
Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.
Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.
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inflation and deflation
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Fresh inflation figures should help convince the Reserve Bank to cut rates again in May, despite a slight uptick in underlying price growth, economists say.
Former Liberal MP Daryl Maguire says he never expected payment for his part in a multimillion-dollar property deal he helped broker.
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
Home values held firm in January as a shallow and short-lived housing downturn nears its end, with new supply coming too slowly to solve unaffordability.