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
Australian property investors and first-home buyers are retreating from the market as a combination of interest rate hikes, federal tax reforms, and economic uncertainty triggers a widespread “buyer’s strike.” According to data from Cotality, national auction clearance rates dropped to 43.1 per cent in the wake of recent budget announcements, while investor mortgage applications fell … 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