Published on December 17, 2010 by Technology Slice
Property Prices to Increase in 2011 – While residential property prices remained relatively flat in the last quarter of 2010, a tight rental market and return to “normal” trends in first home ownership are likely to lead to firm growth late next year, they say. CommSec economist Savanth Sebastian said increasing rental demand and rising [...]
Tags: Asian Investors, Australian Dollar, Bank Of Australia, Caveat, Darwin, Economist, Economists, Home Ownership, House Price, house prices, Interest Rate Hikes, Interest Rate Rise, Last Quarter, Perth, Reserve Bank Of Australia, Residential Property, Sebastian, Sydney Markets, Tight Rental Market, Wages
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Published on December 9, 2010 by Technology Slice
Australian Jobless Rate Drops – Australia’s jobless rate fell to 5.2 per cent in November, with the economy creating the most jobs since January as employers gained confidence heading towards the year’s end, according to official data released today. The seasonally adjusted rate compares with a 5.4 per cent unemployment rate in October, according to [...]
Tags: 12 Months, Advertisement, Australia, Australian Bureau Of Statistics, Australian Dollar, Australian Statistics, Bureau Of Statistics, confidence, Economist, Economists, economy, Full Time, interest rates, Jobless Rate, Part Time, Rate Hike, Rba, Time Jobs, Time Positions, unemployment rate
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Published on May 12, 2010 by Technology Slice
Home Loans Begin To Fall – The number of home loans fell again in March, marking the sixth consecutive monthly decline, amid rising interest rates and a chronic shortage of housing. The tally of those borrowing to occupy the home rather than rent shrank to its smallest level in nine years. The number of home [...]
Tags: 1 Billion, Address, Affordable Housing, Analytics, Australian Bureau Of Statistics, Bloomberg, Bureau Of Statistics, Chronic Shortage, Decline, Economist, finance, Home Loans, Nine Months, Nine Years, rent, Rising Interest Rates, Shortage Of Housing, Spur, Tally, Total Value
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Published on May 3, 2010 by Technology Slice
City House Prices Surge 20 Percent – The Australian capital city house price index, released today by the Australian Bureau of Statistics shows house prices rose by 4.8 per cent over the quarter alone, putting pressure on the Reserve Bank to further lift interest rates when it meets tomorrow. However, some economists are cautioning against [...]
Tags: Australian Bureau Of Statistics, Bureau Of Statistics, Canberra, Capital Cities, Economist, Economists, Face Value, Hanlon, Hobart, House Price, house prices, interest rates, melbourne, Price Index, Price Swings, Rate Increases, Sebastian, Seven Months, sydney, Westpac
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Published on March 26, 2010 by Technology Slice
RBA And Foreign Housing Investment – The Reserve Bank is monitoring whether the government’s decision to relax rules on foreigners who buy local property is stoking a surge in house prices, Governor Glenn Stevens said. The “question of the role of foreign purchases is an important one and it’s one we’re giving some attention to,” [...]
Tags: affordability, Amp Capital Investors, australians, Bank Of Australia, Benchmark Interest Rate, Dwellings, Economist, Finance Industry, foreigners, Government Approval, house prices, kevin rudd, Non Residents, Perceptions, Prime Minister, Rba, Reserve Bank Of Australia, Shane, Treasurer Wayne, Wayne Swan
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