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Australia’s annual inflation rate in January eased, implying the worst of the price increases may be over.
NEWS
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Australia’s property market has experienced a switch amid skyrocketing interest rates and a year of falling prices.
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A review commissioned by the treasurer and due to report to him by the end of March might recommend changes at the RBA.
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Sydney home sellers are discounting properties by their largest sum in years, as reduced buyer spending power forces them to slash their price expectations.
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While the banks have been quick to pass on RBA’s every cash rate increase, they have not matched all the decreases since June 2019.
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A Melbourne mum was forced back into the “ridiculously” brutal rental market again – her seventh time in six years — and its cost her a lot.
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Australia’s expensive property market has been blamed on high population growth, few large cities and sprawling low-density suburbs, rather than low interest ra…
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Real estate companies are feeling the pitch from the low volume of sales and listings besetting the property market.
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Before a cemetery can be listed for sale, the owners must receive a certificate of compliance by the department of premier and cabinet.
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Property prices are falling across Australia amid the market downturn, but the typical house will still set buyers back more than $1 million.
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Affordability, appetite and low availability would drive the relative resilience of WA’s property market over the next year, according to REIWA CEO Cath Hart.
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Rural retreats around Yass and Murrumbateman are achieving record prices as demand for lifestyle properties close to Canberra remains strong.
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