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New home sales rebound
- March 1, 2013
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, House prices, Inflation, Wealth
No CommentsNew home sales hit the right note for the new year, posting a fourth consecutive rise in January. According to the latest Housing Industry Association (HIA) New Home Sales report, seasonally-adjusted new home sales increased by 4.2 per cent in January 2013, reflecting a 4.0 per cent increase in detached house sales and a 4.9
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Buyers Make a Comeback
- March 1, 2013
- Posted by: admin
- Category: Finance News
[custom_frame_left shadow=”on”][/custom_frame_left] While many buyers kept out of the property market in 2012, there are signs of a comeback. 2012 saw many buyers adopt a ‘wait and see’ attitude, but they are once again becoming active as the market starts to stabilize and interest rate reductions lower the cost of ownership. Four cash rate cuts
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Home construction falls sharply in June
- July 9, 2010
- Posted by: admin
- Category: Finance News
A dip in house building after almost a year of expansion has reaffirmed the RBA’s decision to keep the official cash rate on hold in July. According to the Australian Industry Group (AIG)/Housing Industry Association (HIA) Performance of Construction Index (Australian PCI), home building fell 6.8 points to 46.4. Readings below 50 indicate a contraction
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HIA calls for rate halt
- July 2, 2010
- Posted by: admin
- Category: Finance News
Housing Industry Association (HIA) chief economist Dr Harley Dale has called on the RBA to keep rates on hold, following disappointing building approvals in May 2010. According to the Australian Bureau of Statistics, housing approvals fell in five of the six states. Tasmania and Western Australia suffered the highest falls in building approvals in seasonally