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Early election to help property market
- July 20, 2010
- Posted by: admin
- Category: Finance News
No CommentsThe looming federal election could give the property market a much needed boost, new research has found. According to Raine & Horne’s chief executive officer Angus Raine, home buyers tend to avoid buying property before a national election. “Therefore an August election is perfectly timed from our point of view, as winter is typically a
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Property activity slumps in mining towns
- July 16, 2010
- Posted by: admin
- Category: Finance News
The controversy surrounding the federal government’s super profits tax is starting to impact negatively on the property market. New data from Ray White revealed that property sales were down 18 per cent in resource dependent regions such as Mackay. Ray White joint chairman Brian White said the real estate’s results in mining cities nationwide were
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Property sales activity not rosy in spring
- June 30, 2010
- Posted by: admin
- Category: Finance News
Spring no longer represents the best time to sell, according to RP Data. New research from RP Data has found evidence to suggest that a great number of listings does not necessarily convert into a great number of sales. RP Data’s research analyst Cameron Kusher found that, on a national basis, March is in fact