Lending rules introduced during the pandemic five years ago are being blamed for locking out first home-buyers and restricting the supply of new housing.
Stephen Johnson
Former real estate agent Gerry Gillett sold scores of houses before retiring, but the 101-year-old is facing his most important sale now: his own home.
Kim Macdonald
The city’s more expensive homes have fallen in value more than those at the more affordable end of the market over the past six months.
It’s high time decision-makers attempted to live off household budgets that relentless interest rate hikes are imposing on everyday Perth homeowners, a fed up mortgage holder says.
Brooke Rolfe
Property stalwart James Limnios has lashed out at some bureaucrats sticking to this pandemic-era trend, claiming they are holding up projects and adding hundreds of thousands of dollars to costs.
Perth’s most expensive property remains on the market after hitting a new milestone. Plus: KPMG swinging the axe in WA.
Ingenia has knocked back a near-$2b cash approach from Warburg Pincus that came with one striking condition: walk away from Perth property developer Peet.
Ryan Johnson
Far fewer homes went under the hammer this weekend compared to a year earlier, even as auction clearance rates held broadly steady, according to data from property researcher Cotality.
Chelsea Mes, Bloomberg
Jim Chalmers and Housing Minister Clare O’Neil are at odds with the nation’s biggest banks, sticking by Treasury modelling of continued house price growth amid dire forecasts of a market downturn.
Cheyanne Enciso
Perth has ended its six-year streak as Australia’s most affordable capital, amid the growing divide between income and property prices.
Administrators of embattled housing developer Bathla Group hope to secure a short-term funding package to keep the group afloat, but time is running out.
Lloyd Jones
The builder of six Hamilton Hill homes demolished this week had been given a clean bill of health by DevelopmentWA despite public red flags about its finances.
Matt Mckenzie
An expert who worked with the Reserve Bank for three decades reveals when rates will rise again and just how far the housing market has to fall.
Nasteho Said
What do you do when your $500m Elizabeth Quay apartment building is riddled with defects and the builder has gone broke? Call in the lawyers, of course. Plus: Small business grants program a little top heavy.
Property listings in Perth have jumped by a massive 145 per cent in only one year, as the property market continues to show signs of cooling.
Young people struggling to get into the housing market are at the mercy of big banks and lenders, even if they have deposit money, an inquiry will hear.
Lucinda Garbutt-Young
Suburbs more likely to vote One Nation across the country have one major surprising factor in common during Australia’s housing downturn.
Two of the key members behind the once-great Zorzi home building company are helping to resurrect the family name with a new luxury firm.
Experts claim Perth’s market will bounce back by new year but the call comes as Australia’s biggest home lender warns the national downturn will be ‘larger and faster’ than expected.
CBA expects house prices in Sydney and Melbourne to drop by more than 10 per cent as the combination of higher interest rates and the property tax shake-up contributes to a faster pace of decline.
WA families struggling to find homes have suffered a cruel blow with DevelopmentWA bulldozing six houses half-built by collapsed construction company Inspired Property Group.
House prices in nearly every capital city have fallen again, as the number of homes being approved also came down.
Andrew Brown and Lucinda Garbutt-Young
The property boom is squarely in the rear-view mirror, with tens of thousands of dollars slashed from median prices in Perth over winter, according to Cotality.
Kim Macdonald and Jessica Page
New data has revealed the 10 suburbs with the biggest property gains over the year.
