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Sellers seem to be taking advantage of favourable conditions
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The city has continued to report strong gains in median dwelling values over the past month
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One segment has been a major driver of the overall lift in prices in the territory
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The territory's tight rental market and low-rate environment likely to support further price growth
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The state records the second highest gain in dwelling values over the April quarter
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The proposed reforms include capping rent increases and restricting the rights of landlords to end tenancies
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The state's housing activity has reached a historic high in recent months
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All capital cities registered gains in building approvals, latest market report shows
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On the other hand, vacancies remained historically low in regional suburbs in New South Wales
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The rent growth in regional areas is outpacing that of capital cities
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This likely boom builds on the surge of building approvals over the first three months of the year
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How can these changes help potential buyers and investors?
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The state was able to offset the loss of demand from migration by attracting interstate home seekers
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Some rental markets, particularly in smaller capital cities, are struggling with limited supply of rental homes
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This level of activity, however, is not likely to be seen again for many years, expert says
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The federal government announced a slew of support schemes for property buyers in the recent budget
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The tax hikes will only dampen demand and worsen affordability, group says
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Which regional area performed the best over the last 12 months?
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The search for an investment property requires a keen eye on the future
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The surge in approvals has yet to impact residential construction costs
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The five biggest states reported declines in new home sales over the month
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The upswing in dwelling approvals is expected to continue over the rest of the year and into the next
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Demand from first-home buyers contributes significantly to the local economy, says the state treasurer
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The city's median house price has been growing for nine consecutive months
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Asking prices, particularly in capital cities, continued to grow in April
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Which capital cities reported the highest level of activity and the strongest clearance rates?
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The city has overtaken some of its peers in terms of house values
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Adelaide's south reports the highest gain in house prices over the first quarter of the year
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House values in the city crack the $900,000 mark for the first time
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This is opposite of what is happening in regional NSW, where rental conditions continue to be tight
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Both home buyers and investors are seeing an opportunity in the unit market
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Mayor warns of a lack of available and affordable housing in the area
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Approvals for detached housing are expected to remain on an upswing until next year
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The demand for social housing remains high across the state
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This could help over half of Australian borrowers who are unable to monitor the mortgage rates in the market
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Three cities defy overall decline, scoring more property listings over the month
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However, rent gains in Hobart vary depending on location, with inner-city region posting declines
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Regional markets reported the tightest rental conditions across the state
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The median house value in metro Melbourne has, for the first time, surpassed the million mark
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Rents in Darwin are increasing faster than dwelling values
