National property values fell 0.7 per cent in July, according to property data firm Cotality, marking the largest single monthly decline since December 2022 as rising interest rates and mounting housing supply reshape the Australian real estate market. The downturn has moved beyond Sydney and Melbourne to affect previously resilient capitals like Brisbane and Adelaide. … Read more
Australian property market contractions are triggering an economic domino effect, leaving everyday homeowners and secondary industries stranded as falling buyer confidence and gridlocked sales volumes ripple across the nation, according to real estate figure Tom Panos. Two anonymous married nurses who purchased a $2 million home this year found themselves trapped in survival mode, paying … Read more
Sydney real estate agent Tom Panos recorded the worst auction day of a 30-year career as national clearance rates fell to 54.2 per cent and many sellers grew too scared to publicly list their properties. Leading auctioneer Tom Panos told his hundreds of thousands of social media followers that Sydney, Melbourne, and Brisbane are carrying … Read more
Australia’s housing market has moved into a downturn for the first time in more than three years, with national capital city house prices falling 1.4 per cent and unit prices dropping 1.2 per cent in the June quarter. According to data from the online real estate company Domain, this shift follows three years of uninterrupted … Read more
A four-bedroom townhouse on Abbey Street in Ballyhaunis, Co Mayo, is currently listed for sale at €180,000, according to listings on Daft.ie. The property, which is marked as under offer, features a mix of traditional design elements and modern upgrades, including a private rear patio, a detached garage, and proximity to the town’s rail link. … Read more
The Great Housing Paradox: Why Politicians Won’t Pick a Side For decades, the Australian property market has been the ultimate political third rail. While the dream of home ownership remains a cornerstone of the national identity, it has also become the primary engine of household wealth. This creates a fundamental tension: how can a government … Read more
The Albanese government has announced a significant overhaul of housing tax breaks in an effort to curb house price growth and increase home ownership for younger Australians. Treasurer Jim Chalmers revealed the changes during the federal budget on May 12, signaling a shift away from long-standing property investment incentives. Starting July 1 next year, the … Read more
From Daunting to Doable: How First-Time Buyers are Reviving Ireland’s Housing Stock Buying and renovating a home is a significant undertaking, but for many, it’s becoming the only path to homeownership. The story of Kilkenny man Sean Hickey, featured in the returning RTÉ series The Great House Revival, exemplifies a growing trend: embracing renovation as … Read more
Brisbane’s Property Boom: Will the Heat Continue Through 2026 and Beyond? Brisbane’s property market is showing remarkable resilience, with forecasts predicting continued price growth well into 2026. A recent KPMG report indicates a potential surge of nearly 11% this year alone, positioning Queensland’s capital as a national hotspot, second only to Perth. But what’s driving … Read more
Melbourne’s housing market is currently a fascinating anomaly. While cities like Brisbane, Adelaide, and Perth have experienced explosive growth in recent years, Melbourne has charted a different course – one of relative stability. But what does this divergence mean for the future, and what lessons can other cities learn? The Great Divide: Melbourne vs. the … Read more