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According to Australian Property Monitors, “The Perth housing market can be expected to continue its upward trajectory of growth, with median prices to be at record levels sooner rather than later in 2013. First home buyers remain active in the market motivated by the tight rental market and steeply rising rents. However, signs are beginning…

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 data for Adelaide, with the number of owneroccupied loans approved in South Australia up by…

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, with a sharp fall in the local unemployment rate over April, falling from 6.3 percent…

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 listing numbers also rose over this period, with more than 700 extra properties offered for…

Australian Property Monitors has released their Housing Market Report June 2013. Here is an excerpt about Sydney. “The Sydney housing market continued to strengthen through May with auction clearance rates rising to near-record levels. The auction clearance rate for units of 74.9 percent was second only to the 76.3 percent recorded in May 2002. Similarly,…

At it’s Board meeting today the RBA decided to leave the cash rate unchanged at 2.75%. If you would like to read the full commentary see the attached link. http://www.rba.gov.au/media-releases/2013/mr-13-12.html As always if we can help you save money on your home loan, please call us at The Home Loan Company.

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 this year, before picking up next year. • Growth in Australia was close to 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 the downside risks appear to be reduced • Europe remains in recession • the United…

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 in this month’s decision advised that “dwelling investment appears to be slowly increasing, with higher…

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 what you can do or give us a call at The Home Loan Company and…