Property

US new home sales fall in June

by AAP
Commerce Department data shows sales 11.5 per cent lower year-on-year.

House price fears overdone: Moody's

Group says Sydney prices still close to fair value, some hot spots emerging.

Aust house prices still booming

by AAP
Winter not slowing down house price growth, Sydney leading way among capitals.

CBA, NAB, Westpac cut mortgage rate to record low

Lenders engage in price war, slice fixed five-year rate to below 5 per cent.

The three forces pushing Australia towards recession

23 comments
With ballooning household debt, huge banks leveraged to the hilt and a gargantuan Chinese housing bubble on our doorstep, complacent policymakers are letting Australia drift into dangerous waters.

Higher Australand bid touted

Expectations grow that Stockland will seek to outbid Frasers Centrepoint.

Ex-Woolworths CFO joins Stockland

Property group to add Tom Pockett to its board of directors from September 1.

US home values mired in 'lost decade': Zillow

Real estate firm says pre-recession peak won't be matched until 2017.

Australand H1 profit soars

Property group eyes lift in earnings if strength in residential property market continues.

Crown, China’s Greenland team up for casino bid

Crown and Greenland want to jointly develop a luxury integrated resort in Brisbane, including a six-star hotel and casino.

Hywood flags change for Domain

Fairfax boss says print mastheads 'improving their position', flags major announcement.

Packer, Chinese join forces over Queens Wharf

Crown Resorts and China’s Greenland Holding are poised to announce they will combine their separate bids for the Queens Wharf casino in Brisbane.

Scentre sell estimated at $1.4bn

Westfield's Australian spin-off could reap $1.4 billion by selling eight non-core shopping centres.

Options aplenty for Scentre sales

Westfield's local spin-off has been inundated with proposals about potential asset sales.

Housing a source of systemic risk: Murray inquiry

Financial System Inquiry's interim report warns on increase in housing debt, banks’ more concentrated exposure to mortgages.

The great Australian housing rip-off

29 comments
The eagerness of Australian banks to lend has widened the house price-to-income ratio. For many young people today it makes little financial sense to leave the rental market.

Devine rises as takeover looms

Residential developer hires Goldman Sachs as its adviser after attracting takeover interest.

Expert backs Australand deal

Australand's takeover by Frasers ­Centrepoint has been declared fair and reasonable by KPMG.

Singapore float set to rock Aust hotel market

A new portfolio of Australian hotels worth more than $500 million could change hands.

Home buyers could be better off renting: RBA

If house price growth eases, renting would be cheaper for average household, RBA says.

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