Prices for houses climbed from $490,000 in March 2020 to $790,000, with unit prices jumping from $385,000 to $640,000, a 66.23 per cent increase.
A bid to sell a racecourse in Australia's urban heartland to build 25,000 homes has been scratched as eyes turn to the last working port in Sydney Harbour.
Australia's economic growth weakened to 0.2 per cent in the March quarter, as the private sector struggles to pick up the slack from falling public demand.
Debate continues over allowing independent conveyancers to be able to work without relying on lawyer oversight.
And for those who are in cahoots, knowingly turning a blind eye, the answer is simple: they should be jailed.
The HIA report forecasts that home building will fall 20 per cent short of the Australian Government’s target of 1.2 million new homes over the five years.
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.
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.