Homebuilding Approvals on the Rise but Still Below Average
Reading Time: 3 minutesThe Australian housing market is showing signs of life, with homebuilding approvals increasing for the fifth time in six months. This trend provides a glimmer of hope for the nation’s housing supply, which has been struggling to keep up with demand. According to the latest data from the Australian Bureau of Statistics, the number of […]
National Median Property Price Climbs for 19th Straight Month
Reading Time: 3 minutesAustralia’s property market continues its upward trajectory, with the national median property price increasing for the 19th consecutive month in August. However, the rate of growth is beginning to decelerate, raising questions about the sustainability of this trend. According to CoreLogic, the national median price rose by 0.5% in August, but the pace of growth […]
