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Housing slump forecast to continue

The Housing Industry Association says the latest slump in construction starts is unlikely to be the end of the downturn.

Building work began on just under 36,000 new homes across Australia in the three months to December.

Ministers agree on housing proposal

The federal and state governments will develop a national affordable housing policy amid fears a whole generation. Housing, planning and local government ministers met in Melbourne and agreed to begin work on the strategy ...

Warning issued on reverse mortgages

Home owners thinking about taking out reverse mortgages have been warned to take note of the fine print which, at worst, could see them evicted from their homes. Reverse mortgages are increasingly popular with elderly home owners who can borrow against the equity of their properties and the principal and interest is not repaid until the home is sold.

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Sydney too costly for young: RBA chief

Sydney is such an "extraordinarily" expensive place to live that the nation's top banker believes young people should think about leaving the city.

Claims against developers 'defamatory'

Claims property developers have swayed Gold Coast councilors into giving them preferential treatment are defamatory and politically motivated.

The change in where Australians want to live, how they want to live and who they may or may not want to live with will have a profound impact on the property market in the next 30 years.

Councilor slams govt on housing

As the caravan parks, hostels and motels disappear to make way for development, Caloundra Council has accused the State Government of allowing affordable housing to "slip into the shadows."

Housing weakness to persist

The Australian: THE housing market is in for a softer year - especially in New South Wales - although a strong labour market and stable interests will help support the sector. The Housing Industry Association (HIA)...

House approval dip hits builders

THE housing industry is in its worst shape since the GST was introduced in 2000, following another dip in the number of new house plans approved by councils in December. The downturn is most acute in NSW, where fewer stand-alone houses ...