The Federal Government has axed the National Housing Supply Council (NHSC).
The NHSC was established in 2008 to keep track of housing supply, demand and affordability in Australia, and to identify gaps between housing demand and supply.
The Federal Government has axed the National Housing Supply Council (NHSC).
The NHSC was established in 2008 to keep track of housing supply, demand and affordability in Australia, and to identify gaps between housing demand and supply.
Property investors appear to be muscling in on entry-level property with the proportion of mortgages offered to first home buyers hitting record lows.
Expectations of a near-term reduction in interest rates remain low despite full-time job losses in the labour market being at their highest level in 16 months.
The improving housing market has finally led to an increase in new-home construction - for the first time in three years.
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