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The Latest Breaking News from Gerard Burg

Home sellers shy away from auctions as demand dips

More people are looking to sell their homes on the private market as low clearance rates scare vendors away from going to auction.

'Keeps me up at night': generational rupture laid bare

'Keeps me up at night': generational rupture laid bare

Rising rents and falling real wages have squeezed young Australians, who find themselves no better off than previous generations.

Going down: Newcastle and Lake Macquarie home values drop for a second month

Going down: Newcastle and Lake Macquarie home values drop for a second month

Revised data from Cotality shows the market peaked in April.

Newcastle Herald

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The upshot for people selling their apartment at a loss

Why timing your property upsize is more important than profit.

The Canberra Times

Canberra's auction clearance rate sinks below the 40 per cent mark

The ACT property market may be turning in buyers' favour.

The Canberra Times

Canberra house prices drop for the first time in 12 months

New data reveals the first backwards step in a year for the ACT.

The Canberra Times

Australians move to regions seeking affordable housing

Australians are leaving the cities for inland areas as growing house prices shift migration patterns, bringing positive and negative flow-on effects.

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‘It’s quite distressing’: rate rise brings new pain for would-be homebuyers

‘It’s quite distressing’: rate rise brings new pain for would-be homebuyers

Property prices are still rising at the entry level and as borrowing costs increase, the home ownership dream is even further out of reach

The Guardian - AU

PM rubbishes budget tax speculation as home prices slow

PM rubbishes budget tax speculation as home prices slow

Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.

The 'storm in a teacup' helping first home buyers climb the property ladder

The 'storm in a teacup' helping first home buyers climb the property ladder

'If you're looking to buy, do so now.'

The Canberra Times

Chronic housing shortage heaps more pain onto renters

Chronic housing shortage heaps more pain onto renters

Australian renters are spending a record share of their income on housing costs as a chronic shortage of stock drives prices higher across the nation.

Data reveals key to fixing housing affordability crisis

Data reveals key to fixing housing affordability crisis

Two major cities are becoming more unaffordable faster than other capitals, as they build fewer homes relative to population growth than Sydney and Melbourne.

Regional housing market booms, outpacing capital cities

Regional housing market booms, outpacing capital cities

Buyers are turning to regional Australia for housing affordability, but little relief can be found in some of the fastest-growing areas outside the cities.

Chinese investors fast abandoning Australia but still hold vast amounts of infrastructure, land and water

Chinese investors fast abandoning Australia but still hold vast amounts of infrastructure, land and water

Australia is losing an important source of foreign funding, with Chinese investment in the country plummeting by 70 per cent last year — its lowest level since the global financial crisis.

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