Interest rates, cost of living forces end to Sydney renovation boom
The renovation sector is easing following a construction boom with builders saying homeowners are picking smaller-scale projects over major alterations.
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The renovation sector is easing following a construction boom with builders saying homeowners are picking smaller-scale projects over major alterations.
New analysis has revealed the Reserve Bank of Australia’s (RBA) cash rate hikes have stemmed the nation’s property market.
Approved residential dwellings have trended downwards over April, sinking by more than 32 per cent in the 12 months since the scheme’s end. According to the Australian Bureau of Statistics latest
Sales of new detached homes continued to increase for five consecutive months, despite the end of HomeBuilder grants. According to the Housing Industry Association’s monthly report, sales of new
The value of loans to investors continued to increase in October, reaching the highest level since April 2015, according to the latest figures from the Australian Bureau of Statistics (ABS). ABS data