Sydney ‘flooded’ with home sales
The Harbour City has developed a growing backlog of unsold property, with rampant new housing development and panicked home selling pushing listing numbers to a decade high.
The Harbour City has developed a growing backlog of unsold property, with rampant new housing development and panicked home selling pushing listing numbers to a decade high.
Former Nationals leader Barnaby Joyce has taken a critical step in preparation for his divorce from long-time wife Natalie after leaving her for a former staffer.
National property prices just recorded their biggest falls since the global financial crisis — but housing experts say the current slump is set to eclipse an even bigger Australian economic disaster.
Homeowners who spent months trying to sell their properties without luck are offering discounts of more than $500k just to get rid of them. These are the homes with the biggest discounts.
Various housing commentators have both slammed the Labor Party’s proposal to axe negative gearing and supported it. But there’s one thing neither side wants to admit about the debate.
The national housing market is mirroring a pattern last seen during the global financial crisis — with only one capital city defying the trend to record growth in prices.
Lenders have become so strict with their assessments of home buyers’ borrowing capacity that they are scrutinising every dollar spent — with bad news for frequent Uber Eats customers.
Landlords have become desperate for tenants, with nearly one in 10 rental homes now vacant in parts of Sydney. It’s forced them to offer some of the most generous lease terms ever seen.
Tom Christensen spent a fortune buying a home in the heart of Sydney. But one costly mistake has left him in a nightmare situation.
Research shows a rising number of unit buyers are in danger of losing their deposits after getting a nasty surprise from bank assessments of their homes.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/166