The newly released data also reveals that the percentage of mortgage holders has also decreased since the last census was taken
While this downward trend is mainly due to lower interest rates, borrowers still remain “very sensitive” to future rate changes
Nine out of 10 people who sold their property during the first quarter this year brought in a profit, new research has found
A new study has found that households with higher levels of debt are more likely to borrow more as house prices rise
Business lending has suffered a knock-back in August, according to official figures released yesterday
Almost a quarter of first home buyers are prepared to borrow the full purchase price without saving a deposit, while more than a quarter wanted their employer to salary sacrifice for their property goals.
Official figures suggest the heated property market may be correcting itself as housing finance is on the decline
More data reveals that the reign of property investment may be on the way out, as more and more property investors are switching to ‘sell’ mode.
As the property market still boils away in Sydney and Melbourne, Aussie property buyers should look to Queensland which has been rated as an “extreme buyer’s market”.
The housing market may be passed its peak as homes are taking longer to sell and vendors are discounting prices