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Housing Market

Ten Perth suburbs named on Rising Stars 2024 report by Canstar and Hotspotting

by Walter Watson
Ten Perth suburbs named on Rising Stars 2024 report by Canstar and Hotspotting

A national property report has poured some cold water on Perth’s property market, claiming it is showing the first signs of tapering off from a three-year boom. The much-vaunted Rising …

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China property: Beijing needs US$2.1 trillion to revive sector as rescue plans have not been good enough, Goldman says

by Anas Siddiqui
China property: Beijing needs US.1 trillion to revive sector as rescue plans have not been good enough, Goldman says

China’s housing market has further room to weaken as efforts to revive the sector have not gone far enough to arrest a three-year slump, according to Goldman Sachs. The government …

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30-year amortizations will only impact a ‘sliver’ of the housing market: BMO – National

by Vera Ward
30-year amortizations will only impact a ‘sliver’ of the housing market: BMO – National

The Liberal government’s plan to allow some first-time homebuyers to stretch their mortgage amortizations to 30 years will only improve affordability for a “sliver” of the housing market, according to …

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Home sales and prices edging up as housing market ‘could get interesting,’ reports say

by Anas Siddiqui
Home sales and prices edging up as housing market ‘could get interesting,’ reports say

The housing market could soon get “interesting” as home prices and sales start to edge up, according to a pair of new reports released Friday. In its latest quarterly Home Price Update and …

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Balga shed listed for $600 per week rent despite being littered with cobwebs and having no electricity, toilet

by Ron Morgan
Balga shed listed for 0 per week rent despite being littered with cobwebs and having no electricity, toilet

A Balga homeowner is trying his luck on Facebook Marketplace to find someone willing to rent his run-down shed for $600 per week despite admitting he wouldn’t dare live in …

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Canada needs another 1.3M homes by 2030 to solve supply and demand gap: PBO – National

by Vera Ward
Canada needs another 1.3M homes by 2030 to solve supply and demand gap: PBO – National

Canada will need to build roughly 1.3 million more new homes than are currently projected to eliminate the gap between housing supply and demand, according to a new report by …

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National rent in Australia hits record high of $630 a week

by Vera Ward
National rent in Australia hits record high of 0 a week

The pain keeps piling on for Australia’s long-suffering renters. Asking rents rose their fastest in 17 years in the first quarter as the typically busy start-of-year changeover collided with an …

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Shock figures reveal how much average Aussie needs to make to pay rent in sought-after suburbs

by Anas Siddiqui
Shock figures reveal how much average Aussie needs to make to pay rent in sought-after suburbs

Alarming figures have revealed how much the average Aussie would need to make to rent in some of the country’s most sought-after suburbs, highlighting a widening gap between wages and …

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Balga shed listed for $600 per week rent despite being littered with cobwebs and having no electricity, toilet

by Walter Watson
Balga shed listed for 0 per week rent despite being littered with cobwebs and having no electricity, toilet

A Balga homeowner is trying his luck on Facebook Marketplace to find someone willing to rent his run-down shed for $600 per week despite admitting he wouldn’t dare live in …

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First-time home buyers climbing property ladder later in life than ever before in WA

by Anas Siddiqui
First-time home buyers climbing property ladder later in life than ever before in WA

Perth’s typical first homebuyer is now closer to middle age than their teenage years, with the major milestone coming later in life than ever before. A national survey by Digital …

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