It has become more affordable to buy than rent in some parts of Australia as housing affordability has returned to 2016 levels.
News
RBA cuts interest rates by 0.25 percentage points to new record-low
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05 June 2019
Official interest rates in Australia have been slashed to a new record-low of 1.25 per cent - the first move in nearly three years.
Auction clearance bounce in Melbourne and Sydney
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31 May 2019
In the first Saturday since the federal election, auction clearance rates in Melbourne and Sydney bounced strongly back to levels that sustain a stable market.
Economists say an RBA rate cut next week would stabilise house prices
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29 May 2019
An interest rate cut next week would be the start of the end for falling house prices according to economists.
Housing market gets boost as APRA looks to review tight lending restrictions
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23 May 2019
The federal election result appears to have given a boost of confidence to the housing market and to assist matters regulators are moving to ease up on their restrictive lending policies.
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