Today’s trending stories in Australian home ownership and Home Loans.
- Home loans drop in September
The number and value of home loans dropped across the board
- The deep connection to a sunburnt land: The mud brick home of landscaper Sam Cox
Who: Sam Cox, his wife Lisa Hatfield, their son Tom, dogs Dot and Dash and alpacas Jose and Pedtro.
Where: Wattle Glen, Victoria
What: Mudbrick house
<img alt="The open plan living space is the centre of the home, looking out to waterfall/pond built by Sam. Photography Caitlin Mills and Styling Annie Portelli for The Design Files" src="https://res.cloudinary.com/domain/image/…
- Real-estate mogul Ping Wei puts Longueville on the $12.5 million map
Chinese real-estate mogul Ping Wei certainly made an impression on his new Sydney hometown when Shanghai United and Zobon Real Estate (he is chairman of both) bought the InterContinental Sydney Double Bay for $140 million….
- Savvy: Advocating for your right to a home loan
What the recent home loan interest rate increase means for you … before finally having a conversation with a mortgage broker or trying to understand…
- Dividends buoy banks as mortgage growth slumps
Total new home loan’s fell 3.7 per cent in September, with investment lending falling 2.8 per cent and owner-occupier lending tumbling 4.2 per cent.
- Demand for home loans slumps to lowest level in four years: ABS housing finance figures
For the coming months it is expected mortgage demand will continue to fall as will dwelling values. … Since house prices in Sydney and Melbourne started falling last year, investors have been deprived of a major carrot, he said.
- Listings numbers in Melbourne increase as buyers continue to hold the upper hand
More Melbourne home owners are putting their property up for sale than they were 12 months ago, but the switch to a buyers market means many are staying on the market for longer.
Despite a somewhat deflated spring selling season, the number of homes listed for sale has increased over spring, up 22 per cent on this time last year.
New listings coming onto the market are in line with last year, with very little deviation. Generally, the number of listing…
- Rate rises expected despite a further weakening in housing finance
The latest ABS housing finance data reveals a further decline in lending for housing across Australia.
In September, the total value of new finance commitments for housing (excluding refinancing) was $29.9 billion in trend terms. This was 1.1 per cent (or $327 million) lower than the previous month and 10 per cent below September …