House prices in Sydney and Melbourne are up for the first time since the crest of the property boom in 2017 and are potentially leading a recovery trend, according to data firm Corelogic. June housing […]
Lending to businesses and property buyers grew only slightly in May while personal loans continued to fall, statistics from the central bank suggest. The numbers showed overall private sector credit grew 0.2 per cent – […]
Scentre Group shares have jumped after the property player announced a share buyback on the back of the $1.52 billion sale of three Sydney CBD office towers to private equity firm Blackstone. The ASX-listed property […]
A resurgent share market helped household wealth edge higher in the March quarter, but plummeting house prices meant mortgage debt continued to grow faster than the value of real estate assets. Household wealth in Australia […]
Residents and owners of units in Sydney’s troubled Mascot Towers are being assured the building is not sinking, even though an engineer found part of it appeared to be “moving in a downward motion”. The […]
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