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Another new homes sales fall signals tough year ahead – HIA

SALES of new homes declined for a fourth consecutive month to their lowest level in more than a year, a Housing Industry of Australia report has revealed. Now, the HIA’s chief economist, Tim Reardon, says the housing market slowdown will extend into 2027. The HIA report is a monthly survey of the largest volume home builders in the five largest states and is a leading indicator of future detached home construction. “The new home market cannot absorb further interest rate increases on top of the tax increases announced in this year’s Federal Budget,” added Mr Reardon. “Sales

Sellers holding back as economic conditions bite hard

Conveyancers urged to get on the front foot

Reserve Bank is worried global situation ‘inflationary’

It’s time to stand accountable over stamp duty

‘Race to the bottom’: One Nation migration plan slammed

Settlement scams getting harder and harder to detect

With interest rates, ‘have we done enough?’

AUSTRALIANS are “furious” about inflation and it will take the nation years to fully get on top of higher post-pandemic living costs, the Reserve Bank’s deputy governor sa

Downfall for rich state atop economic rankings

QUEENSLAND has usurped Western Australia at the top of Australia’s state economic rankings, as cracks emerge in the resource-rich state’s performance. WA slid two places to t

HIGHER home volumes led to a strong uplift in auction clearance rates last week, according to property data analysts Cotality. The preliminary combined capitals clearance rate increased

A HOST of Western Australian community housing providers have received a share in almost $900,000 to grow and deliver more social homes. The money to 19 CHPs comes through round one of t