Category Archives: REIA
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
House Prices in Australia – Speech by RBA Governor Glenn Stevens
This is an edited version of a speech given by Reserve Bank Governor Glenn Stevens at the Annika Foundation Luncheon on July 24. Scaled to measures of income, Australian dwelling prices on a national basis have in fact declined and … Continue reading
Hot tips for property investors
Whether you area first time home buyer or a seasoned property investor, it is always good to be reminded of smart property investment principles. Given such, I have decided to share with you the following piece provided by our very … Continue reading
Four More Interest Rate Cuts In 2012
How does a 1% interest rate cut sound to you? According to an economist from one of the country’s Big Four banks, the RBA could spring four more interest rate cuts on the Aussie public this year. But will the … Continue reading
Abolition of Sustainability Declarations now in effect.
On Wednesday 27 June, the Treasury (Cost of Living) and Other Legislation Amendment Act received royal assent. As a result, from Wednesday 27 June, there is no longer a requirement for Sellers or their Selling Agent to provide a Sustainability Declaration when selling a … Continue reading
Renters paying a greater share of their take home income for housing than those with a mortgage
In this week’s RP Data Property Pulse, Cameron Kusher takes a look at the costs associated with housing based on the latest ABS 2009/10 financial year Housing & Occupancy Costs Survey results. According to Mr Kusher, one of the most … Continue reading
New home sales edge up
Sales of new homes rose slightly in August following two consecutive falls, the Housing Industry Association (HIA) has recently announced. The report which was a survey of Australia’s major residential builders, showed that the number of new homes sold in … Continue reading
Can an offer be too low?
As a purchaser, you might feel a property is worth less than the asking price, based on your knowledge of past sales, available properties, condition, location, sitting, design, etc. But how do you know what the seller will accept unless … Continue reading
If interest rates fall, it will be a windfall
What would you do if the Reserve Bank decided to reduce the cash rate next month? Would you continue to pay the same amount off your mortgage, or use the extra cash in some other way? A national survey of … Continue reading
BREAK CONTINUES FOR BORROWERS AS RATES ON HOLD FOR JULY
Century 21, the largest real estate company in the Asia Pacific region, welcomed the decision made today by the Reserve Bank of Australia to leave interest rates on hold at 4.75 per cent as one that was in the best … Continue reading
