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City home values continue to climb despite rate rises

City home values continue to climb despite rate rises

Intellichoice-Editor 1:23 PM

According to the latest RP Data - Rismark February 2010 Hedonic Home Value Index, dwelling values in Australia's capital cities have con...

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Interest rates will rise 2% over 20 months - according to survey

Interest rates will rise 2% over 20 months - according to survey

Intellichoice-Editor 9:06 AM

Economists from leading financial services companies agree that the RBA will push interest rates back to near pre-GFC levels by the end of ...

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New home sales plummet in Feb

New home sales plummet in Feb

Intellichoice-Editor 9:11 AM

According to the Housing Industry Association (HIA), new home sales dipped by 5.2% last month. The HIA’s New Home Sales report revealed th...

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Affordable housing to allow more Australians to own a home

Affordable housing to allow more Australians to own a home

Intellichoice-Editor 9:08 AM

A $160 million housing development is set to extend home ownership to hundreds of Australians who might otherwise struggle to raise enough...

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Interest rates going up

Interest rates going up

Intellichoice-Editor 10:53 AM

Economists at Australia’s leading banks expect the Reserve Bank of Australia (RBA) to lift interest rates again as early as next week. Ther...

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First home buyers are not all in their 20s

First home buyers are not all in their 20s

Intellichoice-Editor 12:53 PM

According to the Australian Bureau of Statistics (ABS), the median age of first home buyers today are in fact, couples with or without depen...

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Mortgage stress not rising

Mortgage stress not rising

Intellichoice-Editor 12:38 PM

Approximatley 2% of Australian households with owner-occupier home loans spent more than 50% of their disposable incomes on home loan repaym...

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Negative gearing fueling massive investment boom

Negative gearing fueling massive investment boom

Intellichoice-Editor 12:24 PM

The Australian Taxation Office (ATO) has revealed that one in seven taxpayers from FY2008 now owns an investment property. That equates to a...

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Are we in a property bubble? Investors say yes

Are we in a property bubble? Investors say yes

Intellichoice-Editor 12:21 PM

The Investor Pulse survey, recently released by Colmar Brunton and BusinessDay, has revealed that 60% of property investors believe Australi...

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Prestige Australian neighbourhoods named - global report

Prestige Australian neighbourhoods named - global report

Intellichoice-Editor 9:35 AM

According to The 2010 Wealth Report , a global perspective on prime residential property and wealth, Sydney, Melbourne and Perth are Austra...

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Buying a house can be risky behaviour for some

Buying a house can be risky behaviour for some

Intellichoice-Editor 9:32 AM

Australians are engaging in increasingly risky behaviour because they are seduced by the dream of home ownership said Professor Wilson-Evere...

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Westpac announces the end of low interest rates

Westpac announces the end of low interest rates

Intellichoice-Editor 9:58 AM

The chairman of Westpac, Ted Evans, has admitted that interest rates would continue to rise independent of official RBA rate hikes for at ...

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Sydney auction clearance rates continue to improve

Sydney auction clearance rates continue to improve

Intellichoice-Editor 9:33 AM

Sydney and Melbourne continue their strong property run over the weekend, with both cities recording auction clearance rates above 75%. ...

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Prosperity up, mortgage stress down according to CommSec

Prosperity up, mortgage stress down according to CommSec

Intellichoice-Editor 9:29 AM

According to a new report published by CommSec, Australians are more prosperous than ever and home loan affordability is at levels not seen...

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Home loan rates increase

Home loan rates increase

Intellichoice-Editor 9:26 AM

Banks and other mortgage lenders have raised interest rates on their standard variable home loans by 0.22% more than the Reserve Bank’s cas...

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Migrants flood first home buyer market

Migrants flood first home buyer market

Intellichoice-Editor 10:00 AM

The first home buyer market is down but not out, as an increasing number of migrants choose to set up home on Australian shores. According t...

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Investment loans up, owners down

Investment loans up, owners down

Intellichoice-Editor 9:56 AM

According to figures released by the ABS, home loans for investment property increased in January 2010, but dropped for new and existing dw...

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Australian home price timebomb

Australian home price timebomb

Intellichoice-Editor 9:55 AM

Australia faces a home price timebomb says one of Australia’s leading builders -  Stockland. Australia's current shortage of 200,000 ho...

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New rules attracting international buyers to Australia's real estate market

New rules attracting international buyers to Australia's real estate market

Intellichoice-Editor 10:17 AM

Australian property is starting to gain allure with oil and mining rich Russian buyers, who have been driven from the troubled Dubai market....

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Economist says a number of factors to keep home loans high

Economist says a number of factors to keep home loans high

Intellichoice-Editor 10:00 AM

Home loans are expected to continue to climb as house prices are supported by a number of factors. According to ANZ economist Ange M...

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