Category Archives: Housing Affordability
How to buy and negotiate like a professional and bag a bargain
Smart investors know that when purchasing property, the right property hardly ever means the absolute cheapest property. Market research and networking are crucial when looking to bag a bargain. It’s also equally important to be in-the-know in regards to silent … Continue reading
Lift In Home Loan Approvals Suggests Strengthening Housing Market
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that the lift in home loans approvals over February 2013 could point to a further strengthening of Australia’s residential property market. According to recently released … 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
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
Australians love to renovate
Australian spending on renovations hit $31 billion last year. The current economic climate has made Australians hesitant to take on additional debt. Rather than purchasing a new home, people are investing in renovation projects on their current properties. TV shows … Continue reading
RBA: the purported Housing Bubble, Australia’s economy and China
The Governor of the Reserve Bank of Australia, Glenn Stevens, recently delivered a speech at a charity luncheon in Sydney that provided some telling commentary for Australian property investors. A highly respected figure that is watched closely by markets due … Continue reading
Rate Hold Will Strengthen Stability Within Housing Market
Century 21 Port Douglas Real Estate, believes that the Reserve Bank of Australia’s decision to keep the official interest rate on hold at 3.5 per cent for a second consecutive month will help to continue to stabilise Australia’s residential property … Continue reading
