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Australian New Home Loans Rise 5.6% in April From Previous Month to AU$10.9 Billion
Australian new home loans rose 5.6% on a monthly basis in April to AU$10.9 billion, which was 36.1% higher year on year, according to data released Thursday by the Australian Bureau of Statistics.
Australia's Home Price Gains Quicken With Sydney at Record High
Australia’s housing market climbed further in May and Sydney matched a record high as a supply shortfall and swelling population overshadowed the impact of high borrowing costs.
Melbourne Bucks the Trend as Property Prices Continue to Skyrocket Across Australia
Rental vacancies in Melbourne are almost impossible to find. Just 0.8 per cent of rental properties are vacant, well below pre-pandemic levels.
Top 25 Sydney Suburbs Where Property Prices Are Set to Boom
The Sydney suburbs that are tipped to outperform the market have been revealed. New data has revealed that in most growing areas, property prices are forecast to boom by more than 5 per cent over the next six months.
Unlocking the Potential of Australian REITs: A Comprehensive Investment Guide
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RBA's Hunter Sees No 'Quick Fix' to Australia's Housing Crisis
Australia’s central bank is “closely watching” how the current supply-demand mismatch in the housing market unwinds, while warning “it will not be a quick fix,” Assistant Governor Sarah Hunter said on Thursday.
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