|January 2007||News Article|
ACT affordability crisis: symptoms and cures
The housing affordability crisis in the ACT has become more obvious with land in Gungahlin being snapped up at the weekend (27 and 28 January 2007). Shortage of land is helping cause the crisis, as is...
No rate rise needed, HIA says
There is no case for an increase in interest rates after CPI figures released today (24 January 06), according to the Housing Industry Association.
Flat result on dwelling construction
Residential construction failed to grow at all in the September quarter last year as low affordability weighed down heavily on home building even before last year’s third rate rise.
Housing affordability lowest on record
Housing affordability is the worst on record, according to the latest Housing Industry Association Commonwealth Bank affordability survey released today.
Six ways to cut your interest rate
Home-buyers could use at least six techniques to lower their interest rate, according the latest Australian Property Investor magazine.
Labour boom should not cause rates rise: HIA
Housing finance for owner occupiers fell in value by 0.9 per cent to $13.6 billion in November, according to Australian Bureau of Statistics figures released today (15 January 2007).
Struggling renters lose confidence
Optimism among renters rose just 4 per cent against a home-buyers increase of 7 per cent in the most recent Westpac confidence survey out this week (week ends 13 January 2006).
Buyers’ market overall, expert says
People should hang on to residential property in 2007, according to property analyst Matusik Property Insights’ annual outlook survey released this week (week ends 13 January 2006).
Magazine looks at best 2007 property buys
NSW is still best in long term property prospect, according to the latest editon of Australian Property Investor out this week (week ends 13 January 2006).
Dwelling approvals up, but behind last year
Building approvals for dwellings rose 4.1 per cent in November, according to Australian Bureau of Statistics figures released today (8 January 2006).
Renters to suffer in 2007, REIA says
Renters will suffer in 2007, according to the Real Estate Institute of Australia.
Rates to fall, opportunities available in 2007, expert says
Interest rates are likely to fall in 2007, giving rise to opportunities for buyers, according to the founder and managing director of Aussie Home Loans, John Symond.