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Housing slump

Yesterday

The worst of the house price falls could be behind us

The worst of the house price falls could be behind us

There are tentative signs that the pace of losses in Sydney and Melbourne property prices are slowing, and regulators should do more to help, writes Patrick Commins.

  • Patrick Commins

This Month

Housing boom 'well and truly over'

Housing boom 'well and truly over'

The pullback in new home starts will be greater than the average 25 per cent decline seen across the past nine construction downturns since the mid-1970s.

  • Michael Bleby
Melbourne vendors more willing to negotiate after failed auctions

Melbourne vendors more willing to negotiate after failed auctions

Melburnians appear more willing to negotiate the sale of their home after a failed auction than they were at the peak of the market.

  • Ingrid Fuary-Wagner
Britely buys prime Kingsford site for student accommodation project

Britely buys prime Kingsford site for student accommodation project

The site was formerly earmarked for apartments, sold by alleged money launderer Savas Guven on instructions by the NSW Crime Commission.

  • Su-Lin Tan
'Under stress': One in five auctions pulled

'Under stress': One in five auctions pulled

Homeowners in Sydney are increasingly withdrawing properties before the big auction day while in Melbourne, homes are selling for prices below their valuations.

  • Ingrid Fuary-Wagner
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How long it really takes to buy your first home

How long it really takes to buy your first home

Time taken to save for a basic house and unit in Sydney has fallen by 5 months.

  • Su-Lin Tan

March

Tamawood is back on track following fresh social media marketing

Tamawood is back on track following fresh social media marketing

The Brisbane-based builder, which builds under the Dixon Homes brand, suffered a 12 per cent fall in revenue in the first half of 2019 compared to the previous year.

  • Su-Lin Tan
Sydney prices head for 10pc fall

Sydney prices head for 10pc fall

Auction clearance rates remain weak and Sydney prices are tracking to be down more than 10 per cent in the year to March, Melbourne is down 9 per cent.

  • Su-Lin Tan
Property risks are elevated but contained, the RBA says

Property risks are elevated but contained, the RBA says

Assistant governor Michele Bullock says the huge wave of apartment building in recent years has created "heightened" risks to financial stability due to negative equity and settlement failures.

  • Matthew Cranston
Key Purplebricks investor sits tight despite ructions

Key Purplebricks investor sits tight despite ructions

British fund manager Woodford Investment Management has told clients it still believes in the embattled online estate agency's model.

  • Hans van Leeuwen

February

Housing market 'adjustment' won't derail the economy

Housing market 'adjustment' won't derail the economy

Swings in housing prices are difficult for some, but the Australian economy and financial system remain resilient.

  • Philip Lowe