Industry Body: ABS

230 posts

The Australian Bureau of Statistics

mortgage stress saw a consecutive decrease in Australia

Mortgage stress saw a consecutive decrease across Australia despite high interest rates

Australia’s interest rates are currently at an eye-watering 4.35%, but levels of mortgage stress eased throughout November.
Lending rises for owner-occupiers, investors, and refinancing also lifts in November 2023

Lending rises for owner-occupiers, investors, and refinancing also lifts in November 2023

The number of new owner-occupier loan commitments rose 7.3% in the year to November 2023.
Brisbane surpassed Melbourne's median dwelling value

Brisbane’s median dwelling value surpasses Melbourne’s

Since the beginning of the COVID pandemic in March 2020, Brisbane’s dwelling values soared 50.2% through to the end of 2023. 
woefully low building approvals leave industry bodies concerned over if housing accord targets can be achieved

Housing accord worries mount as building approvals data remains lacklustre

A small uptick in approvals was largely driven by apartments, while housing approvals dropped by almost two per cent.
inner brisbane units and townhouses are a major hit with home buyers

Inner Brisbane unit and townhouse demand soars as buyers search for affordable homes, but supply remains scarce

Unit price growth in Inner Brisbane eclipsed movement on house prices.
CBRE renters 2024

The Australian rental market to suffer another year of price hikes in 2024

Australian renters have been struggling with the exorbitant cost of rent climbing higher throughout the year. Why will this problem persist?
Perth housing market poised for 10% growth in 2024

Perth housing market poised for 10% growth in 2024

Despite high demand, dwelling approvals and completions remain low, creating a potential for sustained price growth.
Australia's best performing markets Housing defies 2023 headwinds, but bumpy 2024 expected

Australia’s best performing markets: Housing defies 2023 headwinds, but bumpy 2024 expected

Perth’s housing market stole the show, taking eight out of 10 spots for the nation’s strongest growth in value.
New report reveals that housing affordability plummeted in 2023 amid high inflation and housing challenges

Housing affordability plummeted in 2023 amid high inflation and housing challenges

Concurrent rises in home prices, rental costs, and interest rates harmed housing affordability in 2023, according to a new report.
building approvals improve in october 2023

Building approvals rise in October 2023, but industry remains concerned over the broader picture

This comes off the back of pauses to the interest rates.

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