Australian housing market

First-home buyers have defied odds with new figures showing more took out mortgages in September despite the cost of living crunch. Monthly new loan commitments for first-home owner-occupiers jumped 1.4 per cent over the month to $4.6bn,…

A portfolio manager has claimed Aussie homeowners will need to brace for the “mother of all shocks” later this year.Chris Joye, the co-founder and portfolio manager of Coolabah Capital, a fund manager with $8 billion in assets, has made…

Since capital city housing prices peaked in May of last year, things have only got ever more challenging for the nation’s property market. In the past nine months, Australians have seen the largest and most rapid rise in mortgage servicing…

Rental vacancies are at near-record lows across the country, and combined with skyrocketing house prices, families are being literally left out in the cold. The crisis is driven by a number of things, including increasing immigration and…

Australian house price results for January have been released, with broadbased declines recorded across the nation.CoreLogic reported that national dwelling values have fallen 8.9 per cent from their peak, with the combined capital cities…

Australia’s housing market is hurtling headlong into a correction which could burst the property bubble.That’s according to a new report from the International Monetary Fund (IMF), released earlier this month.The research found that…

It’s impossible to predict the future but there is one way to get an indication of what will happen to Australian house prices in 2023 – and that’s to look over the ditch. Since the Reserve Bank of New Zealand (RBNZ) kicked off the current…

All of a sudden, homeowners don’t want to borrow. The latest mortgage lending numbers just came out and they are shocking. Mortgage borrowing is down by over $5 billion each month. That is a steep fall, as the top line in the next chart…

Mortgage holders will have to fork out even more, with the Reserve Bank (RBA) announcing it will lift the cash rate by another 25 basis points to 2.85 per cent – its highest level since 2013. Some Australians will see their mortgage…