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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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Population in Snapshot
- February 15, 2013
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, House prices, Wealth
As the year draws to a close, it’s a good time to take a look at Australia in snapshot. The latest census figures and Housing Affordability Sentiment Index results provides a range of interesting data that could prove useful to both property buyers and sellers. • Australia’s population has risen by 8.3 per cent to
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New home sales climb
- January 10, 2013
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, House prices, Inflation, Wealth
New home sales posted a second consecutive monthly improvement in November 2012, according to the Housing Industry Association (HIA). The improvement was driven by a lift in sales of detached housing, according to a statement from the association. The HIA New Home Sales report showed a 4.7 per cent increase in new home sales in
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Buying cheaper than renting: RP Data
- December 21, 2012
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Home loan product, House prices, Inflation, Interest rate, Wealth
There are now 494 suburbs across Australia’s capital cities and regions where it’s cheaper to service a mortgage than pay a landlord, according to new research by RP Data. In the latest Buy Vs Rent Report, RP Data found Queensland boasts the greatest number of suburbs and towns – at 185 – where it’s cheaper
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New home sales climb higher
- November 30, 2012
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, House prices, Inflation, Interest rate, Wealth
New home sales climbed off the mat in October, following a very weak period in mid-2012. A 3.4 per cent increase in new home sales in October is a modest result, but at least it is a move in the right direction. The HIA New Home Sales report, a survey of Australia’s largest volume builders,
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Buyers Wish List
- May 11, 2012
- Posted by: admin
- Category: Financial goals, House prices, Inflation, Wealth
Multiple bathrooms are rated as number one on a wish list of features that buyers look for in a new home. The results of a national pool of 114 real estate agents have uncovered some surprising research about what buyers want. The survey, commissioned by Turf Australia, found that 42 per cent seek more than
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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
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Job rate stable as home loan interest rates take effect
- May 14, 2010
- Posted by: admin
- Category: Finance News
Consecutive home loan interest rate rises have cooled hiring, with the unemployment rate remaining stable at 5.4 per cent. Data from the Australian Bureau of Statistics found unemployment rose 0.3 per cent in NSW, 0.1 per cent in Queensland and 0.2 per cent in South Australia to 5.8, 5.6 and 5.6 per cent respectively. However,
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Property market robust: PRDnationwide
- April 16, 2010
- Posted by: admin
- Category: Finance News
An economic and property snapshot produced by PRDnationwide reveals a healthy property market, increased business confidence, and continued population growth. Figures published in PRDnationwide’s Quarterly Economic & Property Report show business confidence hit a sixteen year high. According to the report’s author, Aaron Maskrey, consumer sentiment grew 10 per cent in Queensland, 2.6 per cent
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Building approvals on the rise
- February 5, 2010
- Posted by: admin
- Category: Finance News
Despite a flagging NSW market building approvals for Australian houses, units and other dwellings are on the rise, according to the Australian Bureau of Statistics (ABS). The number of dwellings approved in Australia rose 2.2 per cent in the month of December. Tasmania and Victoria recorded the largest surge in building approvals at 21.7 per
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