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Despite the easing of prices, there are lingering fears many will still be locked out of Tasmania's housing market due to an increase in property value.
NEWS
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Given the modest estimate of living expenses loan assessors usually apply, things could be about to get tight for many borrowers.
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Home ownership creates unbalanced growth and deceptive prosperity, while contributing to structural problems.
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All of the big four banks have announced they will be passing on the cash rate increase in full to variable rate home loan customers.
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A would-be homeowner has lost more than $700,000 in a single click.
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The Reserve Bank of Australia has lifted the official cash rate for the first time in more than 11 years.
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Property prices are falling in Sydney and flatlining in Melbourne as declining affordability and interest rate hikes deter buyers from entering the market.
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Labor has detailed its key housing policy, offering to help 10,000 households a year into home ownership by dramatically cutting the price of a property.
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There’s been a major reversal in the property market, with prices stagnant following the massive real estate boom during the pandemic.
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If the Reserve Bank lifts official interest rates for the first time in more than a decade on Tuesday, as is widely expected, property prices will almost certai…
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Westpac is warning of interest rate rises and a big drop in property prices.
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Investing in infrastructure in Western Sydney’s growth areas will help deliver tens of thousands of new homes as demand for housing soars, the state government …
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