Today
Seven ways to help your kids buy property without family fallouts
Generous parents are unwittingly creating a minefield of legal, tax and financial problems that could not only jeopardise their own futures but cause rifts.
- Duncan Hughes
House sellers pocket $300,000 gross profits as prices rise
The sharp increase in prices in the September quarter delivered a windfall for many vendors, but profits are expected to weaken next year as prices are predicted to fall.
- Nila Sweeney
This Month
‘Psychology and hand-holding’ get $7.3m sale over the line
A downsizer selling his home of 32 years had his concerns about how it should play out – and so did his children.
- Michael Bleby
Sydney’s auction clearance rate falls to lowest this year
Sydney’s weaker clearance rate coincided with a sharp slowdown in home values which gathered pace in the past four weeks.
- Nila Sweeney
Undersupply of new homes to trigger next boom, but not yet
The supply shortage is unlikely to spur strong price growth over the near to medium term, but it could underpin a future rebound, experts say.
- Nila Sweeney
The suburbs where houses gained $1m in 12 months
Premium suburbs led the biggest gains in house prices growth by value, while the affordable suburbs posted a faster rate of increases.
- Nila Sweeney
Six maps that show where you can buy a home on your income
An increasingly expensive property market is outpacing single buyers. This is what that looks like.
- Lucy Dean and Les Hewitt
The suburbs where house prices are up more than 5pc
Which suburbs are defying the slowdown in house prices across Sydney and Melbourne?
- Nila Sweeney
- Opinion
- The AFR View
No populist overreaction against immigration
While talking up limiting overseas arrivals, Labor has largely maintained a demand-driven temporary skilled worker program.
- The AFR View
House price growth to soften as listings rise faster than demand
Market conditions are now in favour of buyers as higher stock levels provide more choice, less urgency and greater opportunities to negotiate.
- Nila Sweeney
House smack bang under flight path sells for $50,000 over reserve
You know demand is strong when purchasers overlook downsides in a property. Flaws don’t get louder than this – but that didn’t deter first home buyers.
- Michael Bleby
Three Sydney apartments sell at their reserves as auctions falter
Even with interest rates likely to stay on hold, a third of homes failed to sell last week, and agents say vendors need to meet the market.
- Michael Bleby
It’s hard to retire in Queensland when prices rise by $10,000 a week
Margaret Seach bought a three-bedroom villa in the Moreton Bay region after struggling for months to find a home.
- Campbell Kwan
House sells for $235,000 more than expected after tenants removed
Agents say it is better to market an empty house, but owners don’t want to give up rental income – and renters don’t want to leave, either.
- Michael Bleby
FOMO returns amid high migration and supply shortage
The potential to make strong capital gains due to lack of supply and swelling demand is fuelling fear of missing out among investors.
- Nila Sweeney
Sydney house prices headed towards a double-dip downturn
Sydney’s housing market slowed faster than expected in November.
- Nila Sweeney
November
- Opinion
- Chanticleer
Four ways the housing crunch gets worse and prices rise in 2024
The big trends likely to emerge in housing in 2024 will increase demand but do little for supply. That’s likely to keep upwards pressure on pricing.
- Updated
- James Thomson
House prices set for a bumpy ride in 2024 but upswing still possible
Worsening affordability, rising unemployment and high inflation could weaken house prices next year, but a rate cut would reignite buying, Domain says.
- Nila Sweeney
How much money are parents lending kids to buy houses now? Take a look
Jarden economists, having surveyed 282 mortgage brokers, estimate 15 per cent of borrowers tapped their parents for financial assistance in the past 12 months.
- Hannah Wootton
Melbourne house prices on track to fall this month, Sydney close behind
A buyer’s market is emerging across both capitals with the latest interest rate rise dubbed ‘the straw that broke the camel’s back’.
- Nila Sweeney