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Housing prices

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House prices
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Report

When housing supply hits the market: apartment presales and Sydney price trends


Sydney experienced its largest housing supply expansion on record in 2018–19, but research indicates that its impact on housing prices was small relative to other price drivers. This housing supply boom was primarily large apartment buildings. While prices were in decline when these buildings were being completed, this data shows they were sold years before.
Report

Wasted space: axe car-parking rules to ease the housing crisis


State and local governments typically require new housing to include off-street parking. This report shows that every year, Australia spends more than $1 billion building off-street car parking that residents don’t want or need. The report identifies four reforms that would cut housing costs and get more homes built faster.
Report

Demystifying the rental vacancy rate measure: a critical review and policy implications


This research provides a critical analysis of the Australian private rental vacancy rate (RVR) – an important housing market signal. It investigates the different methodologies, strengths and limitations of the measure, and how it is used and interpreted. This research presents a detailed examination of RVR to better inform decision-making in public and private sectors.
Report

Home Guarantee Scheme expansion: implications for first home buyers and lenders mortgage insurance


This report assesses the impacts of the Australian Government's proposed Home Guarantee Scheme expansion. It finds that the expansion will increase house prices, make it harder for lower income earners to enter the housing market, and have a negligible impact on home ownership rates. It provides six recommendations, calling for the scheme to have comprehensive...
Discussion paper

Macro reforms for housing affordability


Restricting the number of investors in the housing market is possible if there is an increase in interest rates on investment loans. In 2017, this kind of regulation reduced house prices in Australia. This paper proposes that reintroducing this policy could, as interest rates fall, help make housing more affordable for owner-occupiers.