|September 2008||News Article|
New homes sales continue to fall
The sale of new homes continue to fall creating greater rental stress, according to the latest New Home Sales Report from the Housing Industry Association issued today (25 September 2006).
Call for Australian Housing Trust
The Federal Government should set up an Australian Housing Trust to provide more and better public housing, according to the Australian Housing Industry Association.
Housing starts slow again
Housing starts fell for the second consecutive quarter in June, According to Australian Bureau of Statistics figures released today (15 September 2008).
Stamp-duty jockeying under way
An election in the ACT and a mini-Budget in NSW have caused renewed attention on stamp duty.
Home lending at five-year low
Home lending fell for the sixth consecutive month in July, to a five and a half year low, according to Australian Bureau of Statistics figures released today (9 September 2008).
Near-city suburb to provide 1430 blocks
Approvals in the latest developments at the new suburb Crace will deliver 1430 new residential blocks over the next five years, 15 per cent of which will be sold for under $300,000, Chief Minister Jon Stanhope announced today.
Flattening, but no calamity, in house prices
Dwelling prices are flattening but not falling, according to the latest Real Estate Institute-Mortgage Choice real-estate market summary.
Reserve's interest cut sparks calls for more
The Reserve Bank of Australia cut official interest rates by 0.25 percentage points today (2 September 2008) sparking calls for further cuts to ease the housing crisis.
600 housing sites available in ACT
About 600 new blocks of land and house and land packages are available for sale in six different estates in Canberra, Chief Minister Jon Stanhope said today (1 September 2008).