Grants for the first round of social and rent-capped homes have been green-lit by the Federal government as part of the $10 billion Housing Australia Future Fund aimed at delivering 13,700 homes.
More homes are coming under the hammer as the Spring selling season heads towards Grand Final weekend. But the extra stock in the market combined with fewer bidders is leading to lower clearance rates and clear signs the country is heading for a buyers’ market, according to analysts.
The auction market is at its busiest for six months with almost 2,500 properties going under the hammer.
Planning reforms are on the way aimed at cutting the red tape and delays in NSW that are adding to the housing crisis.
Property Council is calling for owners over 60 to be encouraged to sell up through a stamp duty exemption when purchasing their final home.
Reforms to anti-money laundering and counter-terrorism financing laws stopping up to $12 billion in dirty cash from being laundered through property are heading through parliament.
Perth and Adelaide are expected to record Australia’s strongest house price growth with first-time buyers driving the residential market, a new survey shows.
A 90,000 shortfall in tradies has prompted a new warning that the government's 1.2 million homes target by 2029 will miss the mark.
Signs of a softening housing market as more property comes up for auction, and advertised stock on the market for longer.
Fewer international students at Australian universities will not solve the housing crisis, according to National Housing Supply and Affordability Council chair Susan Lloyd-Hurwitz.
Get Australian Conveyancer News Alerts pushed to you
All news, articles and insights on the Australian Conveyancer are available free and online. Subscribe to receive these insights direct to your inbox every week. Stay on top of the issues affecting the industry and your business.