News

It was another strong weekend for Melbourne’s auction clearance rates despite the current economic environment of lending crackdowns and interest rate hikes from banks.

Mortgage Choice CEO John Flavell has told the Australian Financial Review there’s enough funding in the market to keep housing investors going despite lending cutbacks.

The heat is on state governments and banking regulators to take more heat from the property market after figures show house price growth more than doubled in the last three months of 2016 in Melbourne and Sydney.

The Victorian Government has axed stamp duty for first-home buyers on homes under $600,000 to help fight the housing affordability crisis, but will it have the opposite effect and push prices higher?

The biggest trend in Australian housing right now is for one-person households and demand is far exceeding supply.