The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16 October.
To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
Mortgage burden edges towards near 40-year high
Australian households are facing a mounting repayment squeeze, with another rate rise threatening a historic benchmark.
RBA hints at further hikes in ‘hawkish’ minutes
The RBA has left further interest rate increases on the table in September meeting minutes, which the major banks have described as hawkish.
Mortgage demand collapses as refinancing retreat gathers pace
Australia’s mortgage downturn has deepened, with refinancing weakening as affordability pressures weigh on borrowing appetite.
REA warns rate rise will extend housing price retreat
REA Group has warned that the ensuing borrowing squeeze threatens the housing outlook, as contrasting market signals complicate the picture.
Too risky to buy, too soon to sell: Property market grinds to a halt
Australians have been delaying property decisions, leaving agents facing a market standstill and a growing challenge in turning hesitation into listings and sales.
More stock, fewer sales: Transaction volume slumps 20%
Slumping sales, rising stock, and longer selling times mark a tougher market for agents, with falling home values and buyer caution continuing to weigh on activity.
Bad timing or missed opportunity? Rate fears and falling prices stall property deals
Australians are putting property decisions on hold, creating a sluggish market, weighing on transaction volumes and new listings, leaving investors questioning what comes next.
Mortgage habits shift as Australians hit the brakes on borrowing
Mortgage demand has plunged to its lowest level since 2022, as first home buyers retreat and Australians rethink how they borrow amid mounting financial pressure.
[Related: Hot Property: The biggest property headlines from the week 5–9 October]
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