|January 2009||News Article|
Investors to smile as trade availability improves
The charges by tradespeople fell for the first time in the history of the Housing Industry Assocation-Austral Bricks Trades Report.
Low inflation to prompt interest cut
Interest rates are likely to fall between half and one percentage point this month (February), bring relief to existing home owners and hope to buyers and investors.
Rent tough, but easier than a year ago
Canberra's usually tight start-of-year rental market is not a difficult as previous years, according to industry sources.
Prudence returning to the mortgage market
Householders are using the extra cash from interest rate cuts to pay down debt rather than increase discretionary spending, according to a survey made public today (22 January 2008).
Housing staying stable while stocks crash
Property is again proving to be a better investment vehicle than shares.
Investor timidity suggests further rent squeeze
Housing loans for investment purposes fell 7.4 per cent in November and 33 per cent over the past year, according to Australian Bureau of Statistics figures released today (14 January 2008).
Investors prefer property to shares
Investors will be looking to property more than shares according to a survey by Loan Market Group made public today (12 January 2009).
Two-home solution to affordability
Two homes under one roof could provide the answer to Australia's housing affordability and shortage crisis, according to Archicentre, the building advisory service of the Institute of Australian Architects.
Sales down despite interest cut and grant boost
New home sales in November declined by 1.1 per cent despite the increased First Home Owners Grant and decline in interest rates.
Renters warned about scam
Prospective tenants should be wary of an internet scam.
Housing approvals plummet
Housing approvals dropped by 12.8 per cent in November 2008 to levels not seen since the introduction of the GST, Australian Bureau of Statistics figures released today (8 January 2008) show.
Homeowners to wait on interest rates
The Reserve Bank board will not meet until the first week in February, so interest rates will stay on hold till then, economists warned today (05 January 2008).