Category Archives: Banks
RBA Keeps The Official Cash Rate on Hold
RESERVE BANK OF AUSTRALIA KEEPS THE OFFICIAL CASH RATE ON HOLD The Reserve Bank of Australia today decided to hold the official cash rate at three per cent – a decision that is expected to help create ongoing stability … Continue reading
Properties Banks Don’t Like
Company title- Instead of a strata title, an apartment might be on a company title, which means a company owns the block and each apartment is considered a share. Investing in a company title property means you become … Continue reading
RATE HOLD WILL SUPPORT HOUSING MARKET
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that the decision by the Reserve Bank of Australia to keep interest rates on hold at three per cent, will likely encourage the national housing market … Continue reading
Annual Change In Captial City Dwelling Values
Capital city home values have fallen by -0.4% throughout 2012 • Across the capital cities, property values have fallen by -0.4% over the 2012 calendar year, following a -3.8% fall in values in 2011. • Melbourne has been the weakest … Continue reading
Attractive Buying Conditions For 2013
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that 2012 saw a general stabilisation in Australian residential property prices which in turn may provide a strong platform for moderate growth in 2013. “Century … Continue reading
Homes more affordable now
Housing has become a lot more affordable over the past year, due to a drop in home prices combined with lower home loan rates and higher incomes, according to property analysis provider RP Data. Based on around 285,000 sales over … Continue reading
Rate Cut To Help Market Activity
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that yesterday’s decision by the Reserve Bank of Australia to cut the official cash rate to three per cent will encourage prospective buyers to make property … Continue reading
A Christmas Gift From the Reserve Bank of Australia
The Reserve Bank of Australia today decided to cut the official cash rate to 3.0 per cent – a decision that is expected to encourage prospective buyers to make property purchases in the lead up to Christmas and during the … Continue reading
Signs of Market Recovery As Home Loan Approvals Lift For Second Consecutive Month
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that the increase in dwelling finance commitments over September 2012 could indicate further strengthening in the residential property market. According to recently released figures by … Continue reading
RBA holds interest rate on Melbourne Cup Day
This is the first time in 6 years that the RBA has not moved interest rates in Australia on Melbourne Cup Day. The Reserve Bank of Australia today decided to hold the official cash rate at 3.25 per cent– a … Continue reading
