In brief: Australian developer Stockland’s October 19 trading update reveals a sharp retreat in buyer demand for residential land, even as the group holds its full-year earnings outlook. The divergence between inquiries, sales and settlements is an early warning...
Australia’s spring housing market has weakened sharply. An estimated 39,747 homes sold nationwide in September, 20.9% fewer than a year earlier, according to Cotality’s October housing chart pack, published October 15.The median selling time rose to 41...
Australian property valuers expect the country’s housing downturn to extend into 2027, with several states facing a peak-to-trough decline of about 11% before prices begin to recover, according to a new industry survey. The Australian Property Institute’s...
At a time when other central banks are cutting interest rates, the Reserve Bank of Australia enacted its first rate hike in three years. The central bank increased its cash rate target by 25 basis points to 3.85%, noting that Australia’s inflation “picked up...
A new report is forecasting an increasingly expensive housing market in Australia, where many markets could see home prices double by 2030. News.com.au reports data modeling from PropTrack is predicting that buyers could be paying 75% more for homes in Adelaide by...
Hyperscale Data Hires Newmark to Seek Debt for Michigan AI Campus
