Industry body warns housing finance figures are on a "slippery slope"
The Real Estate Institute of Australia (REIA) says the October housing finance figures released by the Australian Bureau of Statistics (ABS) show the number of housing loans is diving.
As loan squeeze takes toll on clearance rates, experts call for six-week auction campaigns
SQM Research Louis Christopher is calling for the typical four-week sales campaign to be extended, as the tightening loan approvals process takes its toll on clearance rates.
Expressions of interest for approved McDowall townhouse development site
Expressions of interest are being sought for the sale of a substantial development site that is approved for townhouses in the established north-west Brisbane suburb of McDowall by Ray White Special Projects Queensland.
A third of first home buyers opting for investment property over first home, report reveals
One-third of first home buyers are choosing to purchase an investment property rather than a first home to move into, new research from the Property Investment Professionals of Australia has revealed.
Housing affordability improving, but number of first home buyers down, report finds
Housing affordability across the nation is slowly improving, but the credit squeeze is putting the brakes on the number of first home buyers entering the market, the Adelaide Bank/REIA Housing Affordability Report has revealed.
Melbourne's 'bridesmaid' suburbs offering a more affordable entry point into the market
Savvy Melburnians could save hundreds of dollars per week simply by renting one suburb over from their dream postcode, new data from the Real Estate Institute of Victoria (REIV) reveals.