New home construction may be at a decade low, but the Housing Industry Association (HIA) remains optimistic that policy changes can reignite growth and meet national housing targets. Just 168,050
National Australia Bank now expects the Reserve Bank to begin cutting rates from May, forecasting a 50 basis point reduction, followed by a series of 25-point cuts through to February
Australia urgently needs 1.2 million new homes in the next five years — and the Housing Industry Association (HIA) believes “gentle density” could be the key. Gentle density refers to
New data shows Sydneysiders are leaving in record numbers, with housing affordability driving the exodus. Between 2021–2024, Sydney lost over 129,000 people to internal migration — more than any other
Rents have surged 14.2% over the past two years—more than double Australia’s inflation rate of 6.6%—according to Money.com.au’s analysis of ABS data. After rising 7.3% in 2023 and 6.4% in
Labor and the Coalition have launched housing policies aimed at helping more Australians onto the property ladder ahead of the 2025 federal election. The Coalition’s plan, led by Peter Dutton,
The number of cranes across Australian city skylines indicates that the construction sector is still performing well, according to the latest Rider Levett Bucknall Crane Index. In the first quarter
Off-the-plan unit prices have jumped by a record 24% on the back of rising material costs and labour shortages. The increase has pushed the average cost of a new unit
Australia’s smaller capital cities and regional areas are continuing to outperform, with new figures showing double-digit price growth across many markets. The top ten regional markets have outperformed the capital
Banks will now allow home buyers to increase their borrowing capacity by taking into account the income they can earn by renting out a room to a relative or friend.
Rental growth for houses in Australia’s capital cities has finally reached a plateau. For the first time since 2019, combined-capital house rents remain unchanged for three consecutive quarters, according to
Construction is beginning to slowly rise again with apartments the dominate housing type to be delivered in 2025 and beyond. Although PRD’s Australian Economic & Property Update says even though
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