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FORGOTTEN HISTORY: 17 - Caught on Camera

Housing downturn endures, outlook unclear

The housing market is cooling off across many capital cities, but it's unclear how far and fast prices will drop.

AAP

Australia’s regional property boom slows but housing stress still a major concern

Beach and country lifestyle areas show market weakness after record-breaking rises during the pandemic

The Guardian - AU

Property sales take a dive

Fewer properties in Newcastle and Lake Macquarie are changing hands according to the latest CoreLogic report.

Newcastle Herald

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Premium real estate leads regional house price fall as ANZ tips 18 per cent nationwide property slump

Australia's housing market is set to drop 18 per cent, according to one major bank, and new data shows regional areas are joining Sydney and Melbourne in the slide.

ABC News

Housing downturn widens amid fresh fears property prices will plunge 18 per cent

Cracks are emerging in key regional property markets, with new data showing the housing downturn has quickly spread beyond major capital cities.

The New Daily

New Zealand house prices see fastest drop since GFC, but first homebuyers still shut out of market

Property prices in New Zealand skyrocketed during the pandemic, but have fallen 2.5% in the last quarter

The Guardian - AU

Home prices in 'affordable' regional Queensland towns continue to rise as national housing market drops

The Reserve Bank of Australia has once again raised interest rates for the fourth consecutive month, but this Longreach 20-something has no plans to miss out on life.

ABC News

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Australian house prices set to drop further as interest rates surge. Here's a round up of what's happening with property prices across Australia

Australian house prices are dropping at their fastest pace since the global financial crisis, data shows. Here's what's happening in your capital city.

ABC News

RBA increases to interest rates mean home buyers who bought at the peak are facing rapidly rising mortgage repayments

After eye-watering property price rises in recent years, house values are now starting to drop, but those who bought at the height are facing a "perfect storm" as interest rates rise.

ABC News

Even with a historic fall in house prices, rents are tipped to rise by as much as 10 per cent. Will they ever go down?

Though house prices are falling at a historic rate, rents are tipped to go up as much as 10 per cent over the next year. So when will rents ever go down?

ABC News

Interest rate rises will see property prices fall further as maximum home loan sizes shrink

The Reserve Bank is expected to raise the cash rate again today. It comes as banks pass on interest rate rises and cut back how much they'll loan to wannabe home owners.

ABC News

Australian House Prices Are Falling At Their Fastest Rate Since The GFC So WTF Does That Mean?

Congratulations, guys! Property analysts reckon house prices across Australia are falling at their fastest rate since the global financial crisis hit in 2008.But there’s a catch.Prices have really only dropped from “exorbitantly expensive” to “slightly less exorbitantly expensive”, according to new data from CoreLogic.The data showed that as at 31…

Pedestrian.tv

Biggest drop since 2004: Newcastle house values fall again

The region's unit market has held steady across the quarter.

Newcastle Herald

Australian property prices tumble at rates not seen since GFC

Interest rate rises lead to dwelling values falling for third month in a row with Sydney prices down 5.2% since January

The Guardian - AU

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ABC News

Australian house prices fall at 'fastest rate' since 2008 financial crisis

House prices in Australia are dropping at their fastest since the global financial crisis — and market conditions are "likely to worsen" as interest rates continue to rise, according to property analytics firm CoreLogic.

The Guardian - AU

Auction clearance rates tumble as rising interest rates sap Australian homebuyers’ appetite

CoreLogic data for June quarter highlights ‘tougher seller conditions’ with house prices in Sydney and Melbourne roughly in line with a year ago

The New Daily

Auction sales plunge as property downturn bites

Australians are rushing to auction their homes as the property market sours - but new data reveals many are finding it much harder to sell.

The Canberra Times

Why home buyers are 'back in the driver's seat' in the capital

One expert said sellers would need to be realistic about their pricing expectations and be prepared to negotiate with buyers.

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The Guardian - AU

Australia records 102 Covid deaths – as it happened

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ABC News

Gold Coast unit prices slowing but bucking downward trends as Australia's property market eases

The Gold Coast's iconic high-rises are home to some of the most expensive units in the country, and while a downturn in the property market is being felt across Australia, the Glitter Strip's unit prices are still strong.

ABC News

Heritage-listed Australian Institute of Tropical Medicine for sale as luxury home in Townsville

Some of the world's most expensive medical research was carried out within the walls of this heritage-listed property in Townsville.

AAP

'Pincer movement' hitting home owners

Rising rates, higher inflation and declining house prices mean Australian households are being whacked from all directions.

ABC News

Perth rental vacancy rate drops as rising costs push vulnerable West Australians to the brink

Perth's rental market becomes even tighter with a vacancy rate of less than one per cent, the latest property data shows. Meanwhile, median rents are continuing to rise as more West Australians struggle to make ends meet.

ABC News

CoreLogic data shows Melbourne is Australia's most affordable capital city for home rentals, followed by Adelaide

Melbourne replaces Adelaide as Australia's most affordable city for renting a typical home, but rates are rising everywhere and vacancies are tightening, latest figures show.

The New Daily

Shrinking households help drive up national rents at record pace

Shrinking households and a limited supply of rental properties have combined to push up rents at the fastest annual pace since 2008.

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