RBA rate cuts could fuel price rises of 6 per cent to 10 per cent by early next year, experts are predicting.
Stark warning from the Property Council after another set of statistics showed a second month a row decline in approvals.
Victoria's second city takes first place among movers, as net migration to regional Australia climbs 40 per cent above pre-Covid levels.
Australia's economic momentum remains fragile with unseasonably warm weather and consumer concern contributing to weaker retail sales.
Homes going under the hammer are at busiest level since before Easter - with 2,816 auctions scheduled this week.
AUSTRAC has unveiled new guidance around anti-money laundering reforms and given the sector a month to make submissions to the latest changes.
Introducing independent conveyancers would undermine safeguards, exposing consumers to significant risks, says prominent lawyer.
Expectations of further cuts on the horizon point towards increases in new home sales in the months ahead, housing industry economist says.
Real interesting change in the pre and post-election market with renewed urgency right across south-east Queensland, says Ray White's Gavin Croft.
Rising building costs are turning buyers off fixer-uppers, with new and recently renovated homes in high demand.
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