|April 2007||News Article|
Harder to get tradespeople for home-building
The availability of home building trades deteriorated in early 2007 despite the continuation of softer home building conditions.
Taxes blamed for stalling new home sales.
New homes sales were flat in March, according to the latest Housing Industry Association figures released today (26 April 2007).
Canberra house prices ‘to rise more than other capitals’
The price of residential property in Canberra will rise by 12 per cent in 2007, the highest of any capital, according to the investment research group Adviser Edge, in a report made public today (19 April...
Water saving now key in buying home
Water saving devices are being cited by more people as important when buying a home.
Dought hits home in urban areas, too
The drought affects urban properties in unexpected and costly ways, according to Australian Property Investor’s April issue out today (17 April 07).
More retirees spending their kids’ inheritance now
More people are spending their kids’ inheritance now by raising money on their homes to supplement income, according to an accounting firm’s study.
Good time to buy in most capitals
The property markets in most Australian capital cities are showing signs of growth and investors are returning to the market, a review of market conditions by Australian Property Investor magazine suggests.
Markets cannot fix affordability: HIA
The Housing Industry Association has formed a Housing Affordability Task Force to confront what it believes to be the biggest crisis facing homebuyers and investors on record.
Interest rates stay on hold
Home-owners and home-buyers got some relief today (4 April 2007) when the Reserve Bank announced that interest rates would not change this month. This came despite about half of market analysts thinking rates would rise in...
Guide to building green set to go
A new guide to grren house building was launched on Monday (9 April 2007) by the Housing Industry Association
Mortgage holders struggling and fear rate rise, poll says
Many mortgage holders say they find it difficult meeting their mortgage payments and more than half are concerned about further interest rate rises, according to a Newspoll survey commissioned by First National Real Estate released today...
Demand eases as a quarter of Forde blocks unsold
More than a quarter of the blocks on sale at Forde at the weekend (March 31- April 1, 2007) were unsold.