Published on August 1, 2010 by Technology Slice
Melbourne House Prices Fall After Months Of Gains – One of the nation’s most comprehensive property price-tracking indexes shows Melbourne property prices following a national downturn in June. The latest RP Data-Rismark property index has dwelling prices slipping in all Australian capitals with Perth, Melbourne, Canberra and Brisbane dropping the most.
Tags: Canberra, Capitals, Composition, Deceleration, Director Tim, Downturn, Favour, First Home Buyers, Home Values, house prices, Indexes, Melbourne House, Perth, Property Index, Property Trends, Quarterly Rate, Research Director, Rp Data, Slowdown, Welcome News
Posted in Money
Published on July 28, 2010 by Technology Slice
First Home Owners Grant Doesn’t Help Affordability – The median price for residential property in Melbourne grew 20 per cent between 2008 and 2010, peaking at $480,000 in the last quarter of 2009. Commercial property values rose 7 per cent, industrial jumped 15 per cent and rural holdings went up 6 per cent, the figures [...]
Tags: affordability, Berwick, Commercial Property Values, Corridors, Dwellings, First Home Buyers, First Home Buyers Scheme, Home Buyers Market, Last Quarter, Local Councils, Market Boom, Median House Price, Median Price, Mornington Peninsula, Mornington Peninsula Shire, Mr Corrigan, Outskirts, Property Valuations, Revaluation, Valuer General
Posted in Money
Published on May 3, 2010 by Technology Slice
Housing Market Set To Crash – Edward Chancellor, of US investment bank GMO, says the Australian economy is yet to emerge from the global financial crisis, despite the widespread belief it has escaped the worst of it ahead of the rest of the world. Mr Chancellor, whose Crunch Time for Credit? was published in 2005, [...]
Tags: Australian Commodities, Australian Economy, Average Income, Banking System, Chinese Demand, Crunch Time, Edward Chancellor, First Home Buyers, Global Financial Crisis, house prices, Housing Market, Investment Bank, Iron Ore, Liquefied Natural Gas, Lucky Country, Mortgage Repayments, Mr Chancellor, Negative News, Rising Interest Rates, Sheer Weight
Posted in Money
Published on April 21, 2010 by Technology Slice
Household Debt And Mortgages Grow – The effort by households to rein in their debt in the wake of the financial crisis was short-lived, with rising property prices pushing home buyers to take on bigger loans than ever. Reserve Bank calculations show that the total mortgage debt is 38.2 per cent bigger than national household [...]
Tags: Asset Prices, consumer confidence, Financial Crisis, First Home Buyers, Household Debt, Household Income, Households, Incentives, Loans, Mortgage Debt, Mortgages, National Household, Rapid Growth, Second Half
Posted in Money
Published on March 4, 2010 by Technology Slice
First Home Buyers Give Up – One-fifth of Australians will give up on the dream of buying their first home in the next two years if home loan interest rates hit between 8 and 9 per cent, according to a survey from home loans broker Mortgage Choice. By yesterday afternoon all four major banks had [...]
Tags: australians, Average Mortgage, Basis Point, Basis Points, Cold Feet, First Home Buyers, First Time Buyers, Global Financial Crisis, Home Loan Interest, Home Loan Interest Rates, Home Loan Rates, Home Loans, Homebuyers Survey, Inner Sydney, Loan Interest Rates, Midst, Mortgage Choice, Mortgage Rates, Studio Apartment, Yesterday Afternoon
Posted in Money
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