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Housing slump

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The auction clearance rate has fallen below 60 per cent.

Why the auction market just weakened to downturn-era levels

The last time clearance rates hit these levels, house prices were falling at the fastest pace on record - although there’s a key difference.

  • Elizabeth Redman

Latest

Housing prices have pivoted in Sydney and Melbourne.

Home-buying demand is falling off a cliff. Softer prices are a near-certainty

We may not be at a point of calling it a buyers’ market but this group is clearly recovering some of its bargaining power.

  • Elizabeth Knight
A concept images of the development at 1 King St in Concord

Revealed: The developer supersizing tactic rewriting Sydney’s skyline

At Concord West, 698 units have turned into 1300. And that’s just the tip of the iceberg.

  • David Barwell
The Simandou mountains in Guinea will bring a fresh wave of supply to the market this year.

‘Pilbara killer’: Will this mega African iron ore mine sink Perth house prices?

If our iron ore gravy train becomes a ghost train, what does that mean for Perth’s surging home values? We ask the experts.

  • Sarah Brookes
95 Broadway (near) and 89 Broadway (far) viewed in context with neighbouring developments.

Planning tick for bigger complex of ‘affordable’ units in affluent Perth suburb

An apartment building in Nedlands has been successful in its bid to boost unit numbers by more than a third.

  • Claire Ottaviano

The Allan government is already spruiking its housing success. Here’s what the data says

Over a year after its Housing Statement, Labor is falling short of its lofty targets – and that’s if its estimate stacks up. If it doesn’t, things are even worse.

  • Rachel Eddie and Kieran Rooney
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The Arnott family from Two Rocks had mould growing in their laundry after rains revealed a roof leak.

Leaks and mould latest woes for homeowners battling building giant

Winter weather has brought a flood of new problems for homeowners tangled in Western Australia’s BGC housing construction dispute as leaking homes experience an explosion of mould.

  • Claire Ottaviano
Property developer AJ Batra has a number of estates in the City of Melton delayed.

New housing on hold as Melbourne Water fails to act on flood plans

New housing projects on Melbourne’s edge have been delayed as water authorities struggle to process a large backlog of approvals for critical drainage plans.

  • Adam Carey
Just 18 out of more than 1500 people who enrolled in Victoria’s free certificate IV in plumbing in 2019 and 2020 successfully completed the program.

Victoria’s worst free TAFE completion rates revealed

Just 1 per cent of Victorians who registered for a free plumbing course in recent years successfully completed their training.

  • Broede Carmody
Serena Zlatnik has purchased her first home because she didn’t want to brave the rental market.

‘Buyers are much more cautious’: Melbourne house prices in surprise fall

A few years ago, buyers were snapping up properties sight unseen, but Melbourne’s market has since faced a string of hurdles.

  • Jim Malo