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Australia’s housing debate has taken a sharper turn this week, with new commentary pointing to mortgage stress that some measures say is now above 1989 levels, while other analysis argues the bigger story is not just prices or rates but how the burden is being shared across generations.
As tax reform debate continues, realestate.com.au has highlighted the types of homes it says may be better placed to withstand policy change, adding another layer to an already uncertain housing market.
Auction clearance rates have fallen to their lowest point in three weeks, even as new reporting suggests younger Australians still want to buy and are facing a market that remains difficult to navigate. The latest signals point to a housing market that is soft in some auction pockets, but still under pressure from affordability, competition and scam risk.
New reporting suggests Melbourne’s property market has lost momentum after the budget, while fresh figures point to fewer first-home buyer loan applications and ongoing uncertainty around affordability, supply and policy support.
