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The year of the unit
2024 is already shaping up to be the year of the unit, with unaffordable house prices, high interest rates and population growth driving buyers towards cheaper properties in convenient locations. Recent data from CoreLogic reveals that unit values are experiencing
Seven ways COVID changed housing trends
Four years on from when the World Health Organisation declared COVID-19 a worldwide pandemic, CoreLogic research director Tim Lawless has revealed seven ways COVID changed housing trends. It was four years ago when the World Health Organisation declared COVID-19 a
Property trends for 2024
2023 presented numerous challenges for the real estate sector, grappling with escalating interest rates, surging house prices, insufficient supply, and heightened demand. Looking ahead to the upcoming year, Domain's 2024 Outlook Report foresees a persistent uptrend in both house and
Cost of living boost for first home buyers
Palaszczuk Government backing first time home buyers by doubling grant, as part of a raft of cost of living measures delivered by the government. The government is doubling the First Home Owner Grant, taking the total to $30,000 for eligible
Building approvals continue to fall, but signs of recovery
The latest data from the Australian Bureau of Statistics (ABS) shows some patchy areas of recovery; however, the building and construction industry remains on high alert as high-profile insolvencies send shockwaves through an industry doing it tough. With the industry
New home sales fall
Sales of new homes continued to fall last month, as the ongoing construction crisis claims more casualties. The latest Housing Industry Association (HIA) report, which surveys the major builders in the five largest states, showed a 7.2% decline in the