Record low interest rates have driven Australian housing prices up 22 per cent last year — its sharpest rise in three decades.

Mortgage Broker Melbourne activity rebounded in November across the states of New South Wales, Queensland, Victoria, and Western Australia in November.

The value of Australia’s residential dwellings rose by $487 billion to $9.25 trillion in the September quarter, according to the latest ABS figures.

The easing of restrictions in the biggest capital cities over the past month have led to a new record for new listings. REA Group’s latest PropTrack Listings Report showed a 21.9% monthly growth in new listings in October, hitting the highest number on r...

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