August 2008
Rental yields to jump another 10% in 2009
August 21, 2008 by Editor · Leave a Comment
The stage is set for a recovery in the Australia’s housing market fuelled by extremely tight rental market and chronic undersupply according to an economist.
Apartments lift new home sales
August 21, 2008 by Editor · Leave a Comment
New home sales rebounded by 4% in June after boosted by a healthy jump in sales for unit and apartments according to the latest data from the Housing Industry Association.
Demand for Australia’s property market exceptionally high
August 21, 2008 by Editor · Leave a Comment
While the property market is currently viewed with pervasive gloomy outlook, the underlying fundamentals remain sound to support growth in values according to a leading property analyst.
Market recovery predicted before end of the year
August 21, 2008 by Editor · Leave a Comment
The prevailing tough economic conditions will not hold back the impending recovery in the housing market according to Archicentre, the national building advisory service of the Australian Institute of Architects (AIA).
Buyers urged to focus on fundamentals not broad property data
August 21, 2008 by Editor · Leave a Comment
Indiscriminate use of property data in particular median and average figures depicting the Australian residential market as being in the state of doom is causing unwarranted fear and confusion among property owners and investors according a to a property research firm.
Australian banks highly profitable: RBA
August 21, 2008 by Editor · Leave a Comment
Despite claims of losses brought by the sub prime crisis, major banks in Australia remain highly profitable by international standards according to the Reserve Bank of Australia.
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