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Australian Property Monitors June Housing Market Report says: “Buyer activity in Adelaide remains subdued, reflecting the nature of the underperforming local economy where unemployment over April remained seemingly intractably high at 6.1 percent. Some positive signs from ABS home loan…
APM’s June Housing Market Report talks about Brisbane. “Positive signs continue to emerge that the nascent recovery in the Brisbane housing market evident over the past year may be sustained. The Brisbane economy now appears to be back in town,…
Australian Property Monitors has released their June Housing Market Report. Here’s what they had to say about Melbourne. “Melbourne’s housing market has risen since the Easter holiday period, with auction clearance rates on the rise over April and May. Auction…
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013. Some Considerations were: • “The global economy is likely to record growth a little below trend…
At its meeting today, the RBA decided to leave the cash rate at 3.0% which is the rate it has been since 5 December 2012. • Global growth is forecast to be a little below average for a time, but…
Consumer confidence in the housing market has improved according to the RBA on the back of keeping the cash rate at 3% this month, inflation at just 2.2%, low unemployment and stabilisation of the US and European economies. The RBA…
If you’re doing it tough with your mortgage, don’t send back the keys. There are ways to work it out and lenders don’t want to take possession of your property and take a loss. Check out this link to see…
If you are investing in the housing market vs investing in the sharemarket, make sure you are informed about the property and the market cycle. There are opportunities in the housing market when it is at the bottom of the…
APM’s December 2012 quarter report confirms Sydney is still the most expensive city to rent in and Perth is set to take the lead in 2013. Perth house rents rose by a 17.5% over 2012 with unit rents (also) increasing…
Interesting Forecast from BIS Shrapnel. “The Residential Property Prospects, 2012 to 2015 report from economic forecaster BIS Shrapnel says NSW and the resource-rich states of Queensland, Western Australia and the Northern Territory are already showing signs of recovery. However, the…
