The policies shaping our future
Affordable house price growth is now outpacing the luxury market - while demand for prestige apartments is growing faster than cheaper units.
Western Australia's economy has topped CommSec's State of the States report for the first time in a decade.
The median price of a residential lot in Australia reached $351,044 in the June Quarter 2024.
Record numbers moving to the strip of south-east Queensland continue to push house and unit prices up, according to economist Nerida Conisbee.
Economists say resilient labour market figures will mean the cash rate is likely to stay at 4.35 per cent until next year.
Australian homes have reached $11 trillion for the first time - but the speed of growth is slowing, according to latest CoreLogic data.
Analysts are forecasting a busy October and a surge in November as a mixed bag of influences come into play for the spring selling season.
Over the next 10 years, demand for housing is expected to benefit from a combination of population growth of 3.9 million and employment growth of 2.6 million with income rising by $36,000.
The Reserve Bank is warning a looming cap on international students could affect economic growth, as a parliamentary report examining the proposal was delayed.
While pessimism still dominates, consumer sentiment read is the best since the RBA interest rate tightening phase began two and a half years ago.
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