Record-low interest rates are helping drive strong buyer interest and surging prices in many property markets throughout Australia. The share of income that households are devoting to mortgage repayments […]
Month: February 2021
New home sales jump 91.8% in December
The federal government’s HomeBuilder grant has led to the largest number of new home sales in two decades, according to new data. The Housing Industry Association (HIA) has reported […]
Big fall in the number of for-sale properties
If you’re in the market and you’re struggling to find property, there’s a good reason – the number of homes listed for sale had an unexpectedly large fall in December. […]
Australia’s mortgage market has been getting safer
Banks have raised their lending standards over the past decade or so, by reducing their volume of low-deposit and interest-only loans. The share of home loans with a loan-to-value […]