The Latest Breaking News from Tim Lawless

Australian suburbs have been kicked out of the million-dollar club, as house prices start to feel the full effects of the interest rate bite.

Joel and Ash have been looking for a place to rent since May. They fear they'll have to spend Christmas living out of boxes from a friend's house as landlords pull houses from the long-term rental pool to turn into holiday homes.

Buyers who overpaid for properties in boom market conditions now feeling the pinch, head of property investor group says

The latest data shows Australia's home prices are dropping at their fastest rate since the global financial crisis. Here's what's happening in your capital city.

The home prices slump is starting to slow down but it may be premature to say the worst is over.

Australian property prices have posted their sixth straight month of decline, with rising interest rates pushing home values lower.

Property prices are plunging fast as rising interest rates push down property prices, leaving the market mired in uncertainty.

Decline comes as RBA documents indicate values may sink as much as 20% nationally from their February peak by end of 2024

When Covid sent the UK economy into lockdown in 2020, the government jumped in to help the property market by cutting a tax on purchases. The temporary measure triggered a kind of mania among buyers, who responded by bidding up average prices by £31,000 ($35,000) — more than double the…

After crunching the numbers, it’s clear that mortgage holders shouldn’t just do nothing, says RateCity’s head of research

Annual tax could be paid for almost 20 years before it equalled the value of a stamp duty payment in parts of western Sydney, calculator suggests