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House prices will continue to grow in 2024, economists forecast

Australian house prices will continue to rise this year, economists have forecast, though the pace of growth will slow.

Wealthier Australians are dominating home purchases: CoreLogic

Wealth levels have changed the property buyer profile, CoreLogic’s head of residential research Australia has revealed.

Reacceleration in construction costs a ‘return to trend’: CoreLogic

The quarterly rise in the pace of growth for construction costs is not a new surge, rather a return to trend, CoreLogic has revealed.

Dwelling commencements fall to decade low

The number of new homes being built has fallen by 10 per cent to reach a new decade low, according to new data.

National home sales drop year on year: CoreLogic

Home sales dropped over the 2023 calendar year, however, remain higher than historical averages, CoreLogic has found.

Owner-occupier lending bumped up in November: ABS

Loan commitments for owner-occupiers have risen once again, the latest ABS data has revealed.

Rental vacancies ease, but remain tight: PropTrack

A slight easing of vacancy rates in December did little to disguise the abysmal figures of 2023.

Brisbane surpasses Melbourne for median dwelling value

Brisbane is now the third-most expensive city in Australia for median home values, after Sydney and Canberra.

Building approvals remain low in November

Despite a microscopic rise in building activity in November, an economist has warned it could take “until the back half of the decade” to see a meaningful improvement.

Developers ‘essential’ to new home delivery

Australians know that home building must ramp up over the next 12 months. For that to happen, the participation of developers is key.

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