High household debt, including mortgage debt, can make the economy more vulnerable to disruptions, warns the Bank for International Settlements
Despite the slowdown in the city's real estate market, premium properties are still highly desired and are recording strong sales results
New research has also found that younger borrowers are more likely to opt for interest-only lending than older Aussies
Borrowers are spending less of their income on their mortgages as more first home buyers enter the market nationwide
The total value of Victoria's residential property reached $1 trillion for the first time in the state's history, according to a new REIV report
ABS and HIA data show approvals for new home building rose in November, thanks in part to lower mortgage rates and growing popularity of apartment living
Consumer credit demand has taken a turn upward, but mortgage demand remains weak
ANZ bank is the first to announce it will raise rates following the RBA's decision to increase the official cash rate by .25%.
The RBA has today raised rates for the first time since March last year, pushing up the cash rate by 25bps to 3.25%
New apartment buildings in Melbourne may soon be constructed without any car parking spaces if a new plan under consideration by the city council goes ahead.