Unlike the other cities around the country, Melbourne house prices fell 1.3 per cent for the month of November, with apartment prices falling even further, dropping by 3.2 per cent.
News
Australia needs to start lifting interest rates by the end of 2017: OECD
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30 November 2016
Australian borrowers should expect interest rates to start going up by the end of next year according to the Organisation for Economic Cooperation and Development (OECD).
Report shows millennials don't know much about credit but are willing to learn
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29 November 2016
Millennials number over 5.5 million people in Australia – that’s nearly a quarter of our population.
New multi-unit construction to slow significantly by 2018
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25 November 2016
Multi-unit constructions look set to drop by 40 per cent or more in coming years, putting an end to a sustained period of construction upturn.
Australian borrowers are working hard to pay off their mortgages sooner
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23 November 2016
A new survey has found nine in ten Australian home loan borrowers are trying to pay down their debt quicker.
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