Latest Housing Market News

NRW Holdings' Golding Contractors has secured $130 million in civil works contracts for major residential developments at Yarrabilba and Shoreline, extending its footprint in Queensland's booming housing market.

Finbar Group has secured development approval for its Leeder Residences in West Leederville, boosting the project's estimated end value to $265 million. The two-tower development will deliver 244 apartments and is set to start pre-sales in late 2026.

News Corp’s FY26 revenue rose 7% to $9.03 billion, driven by Digital Real Estate Services and Dow Jones, while net income from continuing operations increased 15% to $743 million.

James Hardie Industries posted a 64% jump in Q1 FY27 net sales to $1.475 billion, powered by the AZEK acquisition and solid organic growth. The company exceeded EBITDA guidance and raised its full-year outlook, targeting robust sales and cash flow growth amid cautious housing market assumptions.

James Hardie Industries has exceeded its preliminary Q1 FY27 sales and EBITDA guidance, driven by robust demand in its Siding & Trim segment and improved Deck, Rail & Accessories performance.

Australian Finance Group (ASX:AFG) posted its strongest June quarter with $28.1 billion in home loan lodgements, driven by a standout performance in Western Australia amid a mixed national market.

Ryman Healthcare reported steady retirement living sales in Q1 FY27 with a 7% rise in net resales, buoyed by serviced apartments. The company remains on track for FY27 build targets and sees robust aged care occupancy despite housing market headwinds.

Ingenia Communities is in discussions with Peet Limited and potential capital partners to extend its land lease portfolio beyond its current five-year plan, aiming to boost scale and financial flexibility.

Kingfish Limited posted a $13.6 million net loss for the year ended 31 March 2026, with portfolio returns lagging the benchmark amid geopolitical tensions and AI sector uncertainty.

Cedar Woods Properties has secured over 740 new townhouse and apartment lots across Victoria and Queensland, boosting its medium-term development pipeline while maintaining a strong sales and earnings outlook.

Ryman Healthcare reported a substantial reduction in net loss for FY26 alongside its first positive free cash flow in over a decade, driven by operational improvements, refinancing, and land divestments.

Nationwide Building Society reported a 9% rise in underlying profit to £2.026 billion for FY26, driven by market-leading mortgage growth and successful Virgin Money integration, while maintaining robust capital and liquidity positions.