Approvals for the construction of new homes dropped by a seasonally adjusted 15.5 per cent in March, driven by a decrease in units and townhouses. Approvals for private sector houses fell 3.2 per cent, while […]
Real estate investment trust Dexus says it will buy the 80 Collins precinct in Melbourne for $1.48 billion and undertake an equity raising to help fund the acquisition. The REIT will seek to fund its purchase […]
Every Australian capital city except Canberra registered falling home prices in April as values dipped 0.5 per cent across the country, property analytics firm CoreLogic says. The data released on Wednesday recorded the largest drop […]
Houses outsold units at capital city auctions last week, with overall volumes and clearance rates lifting as expected after the Easter lull. Corelogic’s weekly Property Market Indicator showed total auctions more than doubled to 1,019 […]
More than half of Sydney homebuyers would have been better off renting and investing elsewhere over the past 25 years, according to new research. Economic analysis released by Ernst & Young on Tuesday suggests 60 […]
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