Housing Market
First-time homebuyers navigate high mortgage rates and soaring prices
First-time homebuyers face a difficult property market driven by high prices and elevated mortgage rates. Learn how buyers navigate affordability and utilize regional housing programs.
Perth rental vacancy rate drops to lowest level since March 2008
Perth's rental vacancy rate dropped to 1.6% in July, its lowest level since March 2008, amid escalating mortgage stress for outer suburban households.
China's economic ambitions hit limits to growth as its national congress prepares to meet
As China's national congress prepares to meet, leaders confront mounting structural challenges, including weak consumer demand, a prolonged housing downturn, and global pushback over manufacturing overcapacity.
Andy Burnham unveils Your First Home scheme with 2.5 per cent deposit
Prime Minister Andy Burnham has launched the Your First Home scheme, allowing first-time buyers to secure properties with a 2.5 per cent deposit and a 20 per cent equity loan.
ASX 200 Slides To Six-Week Low Amid Rate Hike Fears And Housing Warnings
The S&P/ASX 200 index dropped to a six-week low as investors weighed rising global interest rate expectations, oil supply volatility, and warnings of prolonged housing price declines.
UK house prices fall for first time since 2023
UK house prices have fallen annually for the first time in nearly three years as higher borrowing costs and affordability pressures weigh on the market.
UK lenders launch new 100% mortgage deals for first-time buyers
UK lenders are increasingly offering high-loan-to-value mortgages to assist renters with high housing costs. These products require strict affordability checks and carry long-term financial risks.
Average age of first-time homebuyers hits record high of 40
The average age of a first-time homebuyer has climbed to a record 40 as high mortgage rates and home prices push homeownership further out of reach.
EU households spend average of 19.7 percent of disposable income on housing
Housing has become the primary financial burden for EU households, with average expenditure reaching 19.7% of disposable income in 2023. This report examines regional disparities and the disproportionate impact of housing costs on lower-income families.
Prices up across US metros, but in some more than others
While national inflation rates have retreated, persistent economic pressures continue to challenge household stability across various US regions. This disparity in living costs is forcing families to adjust their long-term financial expectations.