How COVID-19 Changed The market
The COVID-19 housing boom may have peaked in most parts of Australia but analyst CoreLogic has identified six ‘‘remarkable’’ shifts caused by the pandemic over the past two years.
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Nearly A Year More To Save A Deposit
The time it takes for a couple to save a 20 per cent deposit to buy an entry-level house has blown out by an extra 11 months during 2021 – nearly three times longer than the additional time recorded in the previous year –
Sydney’s Inner Suburbs Post Sharp Price Falls
House prices in some of Sydney’s inner suburbs have slumped by more than $190,000 in the past three months to February as the market slowdown accelerated amid poor affordability, tighter lending and higher fixed interest rates
House Prices Set To Fall As Vendors Rush To Sell
A surge in listings across some of Melbourne’s inner suburbs could trigger faster-than-expected house price falls, as buyer demand eases amid higher mortgage rates, rising uncertainty and poor affordability.
Women Buy More Homes As Real Estate Gap Narrows
The number of women who bought a home last year rose to nearly match male buyers, despite the persistent gender pay gap and multiple lockdowns during the pandemic, analysis by CoreLogic shows.
Western Sydney Set For Industrial Land Price Rush
Western Sydney industrial land values are tipped to rise by up to 25 per cent this year after growing around 50 per cent in 2021.
Housing Prices Set To Fall Up To 11pc, NAB Says
House prices will end the year ‘‘roughly flat’’ before dropping 11 per cent or more in the biggest markets of Sydney and Melbourne next year.
Owner Occupier Home Loans Grow Again In December, But Not For ANZ
Australia and New Zealand Banking Group’s mortgage market woes got worse in December, despite assurances late last year that the bank would return to growth this half.