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Banking & Finance • BUSINESS NEWSWIRE • CITY OF SYDNEY NEWS • HOMES AND PROPERTY • Housing • NSW GOVERNMENT • NSW State News • REAL ESTATE • Rental Properties

FIXING A BROKEN SYSTEM -NSW LABOR’S FAIRER RENTING ROUNDTABLE

12 January 2023

by Aksel Ritenis

CITY OF PARRAMATTA • CITY OF SYDNEY NEWS • NSW State News • PROPERTY • Town Planning

NSW LABOR TO BOOST HOUSING SUPPLY IN THE REGIONS

11 January 2023

by NSW State Labor Media NSW State Labor Media

CITY OF SYDNEY NEWS • HOMES AND PROPERTY • PROPERTY • REAL ESTATE • Sydney Houses

How housing made rich Australians 50% richer, leaving renters and the young behind – and how to fix it

9 January 2023

by News Aggregator

CITY OF SYDNEY NEWS • HOMES AND PROPERTY • Housing • PROPERTY • REAL ESTATE

MORE FIRST HOMEBUYERS PAYING NO TAX UNDER LABOR

9 January 2023

by NSW State Labor Media NSW State Labor Media

CITY OF SYDNEY NEWS • HOMES AND PROPERTY • PROPERTY • PROPERTY SALES • REAL ESTATE

Australian home values record the largest decline on record

9 January 2023

by News Aggregator

Category - PROPERTY

CITY OF SYDNEY NEWS • HOMES AND PROPERTY • Housing • NSW State News • REAL ESTATE

NSW SHARED EQUITY SCHEME BECOMES LAW

9 November 2022

by State Correspondent

Tweet NSW SHARED EQUITY SCHEME BECOMES LAW Thousands of teachers, nurses, police officers, single parents and older singles will have the opportunity to own their own home sooner after legislation for the NSW Government’s...

HOMES AND PROPERTY • PROPERTY • REAL ESTATE • SYDNEY LIFE

CoreLogic | More than 2,000 homes go under the hammer...

24 October 2022

by News Aggregator

CITY OF SYDNEY NEWS • Core Logic • HOMES AND PROPERTY • PROPERTY • REAL ESTATE

Double-digit fall in Sydney housing values since...

24 October 2022

by News Aggregator

CITY OF SYDNEY NEWS • HOMES AND PROPERTY • Housing • HOUSING • NSW GOVERNMENT • NSW State News • PROPERTY • Rental Properties

HAVE YOUR SAY ON RENTAL REFORMS

20 October 2022

by State Correspondent

CITY OF SYDNEY NEWS • Core Logic • REAL ESTATE

National vacancy rates hit record low as affordability...

12 October 2022

by Aksel Ritenis

CITY OF SYDNEY NEWS • HOMES AND PROPERTY • Housing • North Coast • REAL ESTATE • Real Estate Auctions

Rate of decline in housing values eases in September

3 October 2022

by News Aggregator

CITY OF SYDNEY NEWS • Housing • NSW State News • PROPERTY • Property of the Week • Real Estate Auctions

FOCUS ON FIRST HOME BUYERS THIS SUPER SATURDAY

24 September 2022

by Aksel Ritenis

CITY OF SYDNEY NEWS • Core Logic • HOMES AND PROPERTY • PROPERTY • REAL ESTATE

CoreLogic Auction Market Preview: Final clearance rate...

22 September 2022

by Aksel Ritenis

CITY OF SYDNEY NEWS • NSW GOVERNMENT • NSW State News • PROPERTY • SYDNEY LIFE • Sydney Units

BAYS WEST STAGE 1 REZONING ON EXHIBITION

12 August 2022

by State Correspondent

CITY OF SYDNEY NEWS • Core Logic • PROPERTY • REAL ESTATE

Home Value Index shows housing downturn accelerates as...

1 August 2022

by News Aggregator

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Sydney Times

2 days ago

Australia Day 2022 - Dawn Projection ... See MoreSee Less

Australia Day 2022 - Dawn Projection

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Sydney Times

4 days ago

We enjoyed a great Lunar New Year Fine Dining experience with amazing Chinese regional dishes and matching wines @spice.temple yesterday and it was exceptional - well worth taking the Matching wine supplement - check out the Menu on the front page of the Sydney Times ... See MoreSee Less

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Sydney Times

4 days ago

Premier Dominic Perottet received a “rockstar welcome” at a Chinese Community event on the deck of the Museum of Contemporary Arts , The Rocks tonight to light the sails of the Opera House to officially commemorate the Lunar New Year and the Premier emphasised the rich cultural and ethnic diversity of the Sydney community. ... See MoreSee Less

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Sydney Times

2 weeks ago

SHUO SHU 说书 17 December 2022 - 14 May 2023 Curated by David Williams – Sydney Times

www.sydneytimes.net.au

SHUO SHU 说书 17 December 2022 – 14 May 2023 Curated by David Williams When wandering through the streets of imperial China, amidst bazaars and teahouses, one might stumble across the [...]

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Sydney Times

3 weeks ago

Australian home values record the largest decline on recordThe CoreLogic Daily Home Value Index (HVI) hit a record decline of -8.40% on 7 January 2023 after peaking on 7 May 2022.The result takes the national housing downturn into new territory, breaking the previous record in peak-to-trough declines, when home values fell -8.38% between October 2017 and June 2019. While the housing downturn between 2017 and 2019 lasted 20 months, the new record-breaking price falls have played out in less than nine months, with further falls expected in the months ahead.The main force behind record home value falls is the recent cycle of rate hikes that have risen at the fastest pace on record. A 300-basis point increase in the underlying cash rate over just eight months has resulted in a rapid reduction in borrowing capacity, lowering the amount buyers can offer for homes. In addition to constrained borrowing capacity, higher interest costs may be dissuading potential buyers altogether.Australians are also more indebted today than through historic periods of rate rises, with the latest Reserve Bank of Australia’s estimate of housing debt-to-income ratio sitting at 188.5%. A decade ago this figure was 162.0% and in 2002 the ratio was 130.2%. Higher inflationary pressures, combined with a post-lockdown surge in spending, has also eroded household savings, which could be utilised for a home loan deposit. Softer housing demand may also reflect Australia’s ‘hangover’ from the elevated sales and listings activity through the 2021 boom, when an estimated 619,531 transactions occurred over the calendar year. Downturn frontrunnersThe bulk of the downturn is being led by Australia’s three largest capital cities, which also have the largest weighting in the national home value index. Sydney home values have seen a peak-to-trough decline of -13.0%, For perspective, the -8.4% drop has come off a high base. The sharp decline in dwelling values follows an upswing of 28.9% between September 2020 and May 2022, which was the fastest rise in home values nationally on record. The fall in national home values may be the largest peak-to-trough decline on record, ... See MoreSee Less

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FIXING A BROKEN SYSTEM -NSW LABOR’S FAIRER RENTING ROUNDTABLE

NSW LABOR TO BOOST HOUSING SUPPLY IN THE REGIONS

How housing made rich Australians 50% richer, leaving renters and the young behind – and how to fix it

MORE FIRST HOMEBUYERS PAYING NO TAX UNDER LABOR

Australian home values record the largest decline on record

Category - PROPERTY

NSW SHARED EQUITY SCHEME BECOMES LAW

CoreLogic | More than 2,000 homes go under the hammer...

Double-digit fall in Sydney housing values since...

HAVE YOUR SAY ON RENTAL REFORMS

National vacancy rates hit record low as affordability...

Rate of decline in housing values eases in September

FOCUS ON FIRST HOME BUYERS THIS SUPER SATURDAY

CoreLogic Auction Market Preview: Final clearance rate...

BAYS WEST STAGE 1 REZONING ON EXHIBITION

Home Value Index shows housing downturn accelerates as...

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