RESIDENTIAL PROPERTY
VENDORS bringing homes to the market may need to adjust their expectations on price as the number of properties on the market sitting at their highest levels in four years...
The latest listings data from PropTrack shows raw new listing numbers fell in November – however, this was due to fewer workdays over the month, and listings were...
Each capital city and rest of state area saw a fall in new listings over the month due to the quirk, with only Perth (up by 12.1%) and regional Northern Territory (up 6.8%)...
Despite the reduction in new listings over the month, national total listings remained 5.5% higher than they were a year ago, and total listing volumes are at their highest point for a...
The last time total listings volumes were as high as they are currently in Sydney and Melbourne was in late 2012, while total stock for sale hasn’t been this high in Canberra since 2007...
The increase in properties available for sale provides buyers with more choice and creates less urgency to purchase, which has resulted in a rise in days on market over recent months...
With strong new listings volumes over recent months resulting in high total stock levels, vendors may need to adjust their price expectations.”...
High mortgage rates and soaring prices have driven housing affordability to its worst level on record, as Australians work overtime, take on second jobs, and...
Domain is expecting prices to keep rising in 2025, though at a slower pace. The housing market is set for “a year of two halves”, it says, with a mid-year interest rate cut to...
The Reserve Bank board kept interest rates on hold at 4.35% for a ninth consecutive meeting this week, but a change in tone in its post-meeting statement reignited hopes for...