Mortgage lending has been on a downtrend for some time now, with the latest figures from the Australian Bureau of Statistics (ABS) the 13.4% decline in finance commitments at the

The housing downturn has already resulted in many suburbs losing their million-dollar price tags. According to the latest research by CoreLogic, the number of suburbs with median house and unit

Western Australia doesn’t seem to be attracting as many first-home buyers as it should, despite being one of the most affordable states in Australia. Recent figures from Cordell Housing report

House prices have dropped so dramatically in the past year that there are now almost 100 fewer million-dollar suburbs in Australia. Nearly 100 suburbs around Australia are no longer members

As part of the state’s efforts to spur low house prices, Victoria is set to create 12 new suburbs across greater Melbourne’s west, north, northwest, and southeast — a move

New figures from the Australian Bureau of Statistics (ABS) showed the persistent decline in home lending as lending restrictions continue to take a toll on the market. According to ABS,

Property values in Sydney and Melbourne are in for a horror plunge — and price falls across the country could also soon double. Banking giant UBS has warned that Australia’s

ABS figures out today show a dramatic drop in new housing loans, while the number of credit cards are also continuing to fall, according to the RBA. Housing finance The new

The Royal Commission’s recommendations concerning broker commissions could result in dire consequences that will ultimately fall on borrowers, some industry experts say. Finance Brokers Association managing director Peter White said

Expensive property prices in Australia’s two major cities are creating an unexpected growing trend for two interstate regions. A growing number of Melbourne and Sydney residents have settled for paying