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Property Market Stories

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Property Market stories

Brickflow data shows strongest lender appetite in North West
Real estate

Brickflow data shows strongest lender appetite in North West

Lenders backed 72% of North West deals in Brickflow's Q3 report, as stronger house prices and a shift towards leisure, healthcare and multi-let lifted activity.

By Karen Joy Bacudo • 4 min read • 3 days ago
Mojo warns income caps could shut out first-time buyers
Real estate

Mojo warns income caps could shut out first-time buyers

Proposed £90,000 and £110,000 income limits would leave more than 13% of Mojo Mortgages' first-time buyer applicants ineligible, it said.

By Joseph Gabriel Lagonsin • 4 min read • Last month

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Australian retail leases shorten as commitments fall
Real estate

Australian retail leases shorten as commitments fall

Retail landlords face more frequent renewals as almost half of new Australian retail leases now run for under three years.

By Sean Mitchell • 3 min read • Today
Australia auction clearance rates fall to October low
Real estate

Australia auction clearance rates fall to October low

Spring auction activity eased as Australia's combined-capitals clearance rate slid to 43.6%, the weakest weekly result since late June.

By Sean Mitchell • 4 min read • Today
First-home buyers hit record share of New Zealand market
Real estate

First-home buyers hit record share of New Zealand market

Weaker sales elsewhere helped first-home buyers lift their share of New Zealand property purchases to a record 29.5% in the third quarter.

By Sean Mitchell • 4 min read • Today
Australia auction clearance rates rise but stay weak
Real estate

Australia auction clearance rates rise but stay weak

Clearance rates improved from last week, but fewer than half of homes sold as auction activity across the capitals stayed well below year-ago levels.

By Sean Mitchell • 4 min read • Today
New Zealand property resale losses hit 14-year high
Real estate

New Zealand property resale losses hit 14-year high

Almost half of apartments were resold at a loss as weaker market conditions pushed New Zealand's loss-making property sales to their highest since 2012.

By Mara Sugue • 4 min read • Yesterday
South Island house prices lifting faster: QV
Real estate

South Island house prices lifting faster: QV

The national housing market is still slipping, but most South Island centres are now edging ahead while the North Island weakens.

By Susan Edmunds • 2 min read • 4 days ago
Auction clearance rates rise as Melbourne drives lift
Real estate

Auction clearance rates rise as Melbourne drives lift

Melbourne's stronger results helped lift the combined capitals' preliminary auction clearance rate to 51.5%, despite volumes staying well below year-ago levels.

By Mara Sugue • 3 min read • 4 days ago
Australian retail leases shorten as income visibility fades
Real estate

Australian retail leases shorten as income visibility fades

Average retail lease lengths in Australia have fallen to 34.4 months, leaving landlords facing earlier renewals and less certain income streams.

By Mara Sugue • 3 min read • Last week
Kensington buyers turn to bigger apartments near CBD
Real estate

Kensington buyers turn to bigger apartments near CBD

A widening AUD $2 million-plus gap to houses is pushing Kensington buyers towards completed three-bedroom apartments closer to Sydney's CBD.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Auction clearance rate rises as Sydney overtakes Melbourne
Real estate

Auction clearance rate rises as Sydney overtakes Melbourne

Sydney overtook Melbourne to become the biggest auction market last week, as the combined capital clearance rate climbed to 47.6%.

By Mara Sugue • 4 min read • Last week
Auckland warehouses squeeze more stock into same space
Supply Chain

Auckland warehouses squeeze more stock into same space

Higher Auckland land costs are pushing warehouse operators to boost pallet capacity inside existing buildings, with some projects adding about 5,000 positions.

By Joseph Gabriel Lagonsin • 5 min read • Last week
Reserve Bank rate rise deepens Australia's housing slump
Real estate

Reserve Bank rate rise deepens Australia's housing slump

Mortgage repayments are about AUD $600 a month higher for average borrowers after the Reserve Bank lifted rates to 4.85%.

By Sean Mitchell • 3 min read • Last week
Auction clearance rate falls to lowest since April 2020
Real estate

Auction clearance rate falls to lowest since April 2020

A likely rate hike has added pressure to buyers as the combined capitals preliminary auction clearance rate slumped to 47.2% last week.

By Mara Sugue • 2 min read • Last week
Melbourne auctions fall after Victoria reserve rule
Real estate

Melbourne auctions fall after Victoria reserve rule

Victoria's new reserve price disclosure rules coincided with a sharp drop in Melbourne auctions, even as preliminary clearance rates improved last week.

By Mara Sugue • 3 min read • This month
Australia housing market stalls as spring sales slide
Real estate

Australia housing market stalls as spring sales slide

Higher borrowing costs and weak confidence have left Australia's spring housing market sluggish, with sales down 20.9% and selling times stretching to 41 days.

By Sean Mitchell • 5 min read • Last month