Mirvac and Stockland have flagged early signs of a housing slowdown as inquiry levels ease. Walker Group says its buyers are still following through on sales.

#lang-walker

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Why falling prices could leave Gold Coast with a glut of unsold homes

Property & Real Estate

1w ago

Why falling prices could leave Gold Coast with a glut of unsold homes

The fastest downturn in 40 years has not just hit existing properties. It means Australia could fall further behind on its target of 1.2 million new homes.

#gold-coast

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‘Time is your friend,’ Sydney buyer of $2.3m home discovers

Property & Real Estate

1w ago

‘Time is your friend,’ Sydney buyer of $2.3m home discovers

Purchasers in this usually competitive market are used to moving quickly. But the game is different now, and some are playing it to their advantage.

#sydney

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Sydney home values have shed 10pc since February

Property & Real Estate

1w ago

Sydney home values have shed 10pc since February

The decline in the NSW capital since values peaked this year beat the 8.2pc decline Melbourne has suffered over the past 4 ½ years, new Cotality figures show.

#melbourne #cotality

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Home borrowers face $6000 hit from interest rates as house prices tank

Property & Real Estate

1w ago

Home borrowers face $6000 hit from interest rates as house prices tank

If the RBA increases interest rates for a fifth time this year on Tuesday, the financial squeeze will further reduce house prices which are falling at the fastest pace on record.

#rba #interest-rates

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Coalition split over ‘super for housing’ as One Nation circles

Property & Real Estate

1w ago

Coalition split over ‘super for housing’ as One Nation circles

Coalition MP Garth Hamilton says he has the numbers to end the party’s long-standing policy to allow first home buyers access to their superannuation.

#hamilton #superannuation

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Banks set for reckoning as housing storm builds

Property & Real Estate

1w ago

Banks set for reckoning as housing storm builds

Economic clouds and pressures in the mortgage market are expected to come through in Westpac’s full-year earnings on Monday.

#westpac

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Auction clearances slump to six-year low on rate worries

Property & Real Estate

2w ago

Auction clearances slump to six-year low on rate worries

The sudden rise of concern about a probably fifth rate rise showed up in this week’s housing market as vendors pulled homes from auction in great numbers.

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Co-CEOs take keys to $82.5m Rose Bay mansion

Property & Real Estate

2w ago

Co-CEOs take keys to $82.5m Rose Bay mansion

The buyers of one of the exclusive Sydney suburb’s most expensive homes have emerged as colleagues and friends.

#rose #sydney #insurance

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Property downturn blows $5b hole in Victorian budget

Property & Real Estate

2w ago

Property downturn blows $5b hole in Victorian budget

Government spending has soared by $7 billion compared to the May budget, raising serious questions over Premier Ben Carroll’s pledge to rein in expenditure.

#victorian

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The big name architects winning gongs for small homes

Property & Real Estate

2w ago

The big name architects winning gongs for small homes

Good design isn’t just for pricey housing. But sometimes it takes architects at the top of their game to show how it can be done.

#architects

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The ‘unexplained’ companies kept out of Bathla’s administration

Property & Real Estate

2w ago

The ‘unexplained’ companies kept out of Bathla’s administration

Bathla’s administrators have secured court orders appointing them over a series of companies that were kept separate when the builder collapsed in August.

#bathla

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