|April 2006||News Article|
New home sales continue recovery
Sales of new homes continued their recovery in March, according to the latest Housing Industry Association survey released today (29 Apr 06).
Inflation fear not enough for rates rise: analysts
The nation's consumer price index rose 0.9 per cent in the quarter, for an annual rate of 3.0 per cent, according to Australian Bureau of Statistics figures released today (26 Apr 06).
Costs up as trades scarcer
The availability of trades has become worse, pushing up cots, according to the latest trades report.
Property taxes increasing as activity slows
Taxes on property are increasing, not falling as state governments argue, according to an analysis published by the Housing Industry Association today (23 Apr 06).
Soft housing activity continues
The value of new housing completions are at their lowest for four years, according to figures released today (21 Apr 06).
Australians being stung on mortgages
Australians are paying up to a third more in mortgage fees than borrowers overseas.
Safety key for women property buyers, survey says
Safety is one of the most important influence for women buying a home, according to a survey published today (18 apr 06).
Boomer downsizing 'could cause glut'
The plans of ageing baby boomers to downsize the family home to fund their retirement could cause a glut in the market.
Auctions doing well in Canberra
Auctions did well again in Canberra at the weekend, particularly in upmarket areas.
Childless couples leading property turnaround
Childless couples are leading a turnaround in the property market, according to a survey published today (7 Apr 06).
Home lending up slightly
The number of home loans rose by 1.1 per cent to 59,050 loans in February compared to 58,702 loans last month, according to Australian Bureau of Statistics figures released today (7 April ).
Interest rates stay on hold
The Reserve Bank of Australia has decided to leave official interest rates unchanged at 5.50 per cent, giving 13 months of steady interest rates.
WA and Queensland boom
The average size of a Western Australian mortgage has broken through the $300,000 barrier.
2006 to be a slower year for housing
The housing industry is in for a slower year in 2006 for both new housing and renovations, according to the March 2006 quarter Housing Industry Association National Outlook publication released today (03Apr2006).