Home-ownership

Controversial stamp duty laws have passed NSW parliament, allowing first home buyers to choose between an annual property fee or an upfront payment on their first property. Those buying a house from January 16 2023 will be able to opt-into…

The federal government has announced a new “housing accord”, which aims to address Australia’s housing affordability crisis by dramatically accelerating the construction of new homes across the country.The accord, which was one of the…

Experts have cast doubt on the effectiveness of a proposed shared equity scheme from the NSW government, which is supposed to help first home buyers who are struggling to get onto the property ladder. Under the proposed scheme, the NSW…

The past year’s housing slowdown has dragged down the average net worth of many homeowners in Canada — especially the youngest Canadians stretching to enter the real estate market, data from Statistics Canada showed this week. But…