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Housing market resilience prevailed in 2023: CoreLogic

CoreLogic’s recent report has highlighted the house market’s unlikely recovery in the wake of economic headwinds throughout 2023.

Australia's housing ends year at record highs: REBAA

The Australian property market took a tumultuous ride throughout 2023, marked by nuanced shifts and unexpected turns, ultimately culminating in a record high by year end.

Household wealth surges by 7% as house prices soar

Household wealth in Australia continued its upward trajectory for the fourth consecutive quarter, according to the ABS.

Aussies tighten wallets this festive season

Amid soaring mortgage rates and cost-of-living pressures, more Australians are anticipated to reduce their spending and actively search for deals during this holiday season.

WA house building will ‘defy’ RBA efforts: HIA

While national sales of new homes remain low, Western Australia seems to have bucked the trend, HIA has found.

Property sector confidence up, concerns remain: PCA

Confidence in the Australian property sector has lifted, however, concerns around housing affordability and supply still persist, a survey has revealed.

Less than 50% of future FHBs likely to use brokers 

Only four in 10 future first-time borrowers are likely to choose the mortgage broking channel, according to new research released by the FBAA.

Distressed listings remain low despite mortgage concerns

Distressed property listings remained low in November, with some cities reaching record-low levels, despite rising mortgage costs, according to new data.

1/3 mortgagors unprepared for current interest rates, report finds

Over one-third of investors and home owners have indicated they are not prepared for interest rates to remain at current levels, a report has found.

Bankwest to open progress payments for modular properties

The major bank’s subsidiary has announced the introduction of additional progress payments to support Western Australia’s housing supply.

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