By Peter Sarmas on 18 Apr 2013 No Comments yet, your thoughts are very welcome
Affordability in residential housing across Australia is showing positive signs of improvement, according to the latest Adelaide Bank/REIA Housing Affordability Report. It revealed that over the December quarter, the proportion of income required to meet loan repayments decreased by 1.4 per cent to 30.4 per cent ...
By Peter Sarmas on 15 Apr 2013 No Comments yet, your thoughts are very welcome
The property market showed signs of stabilising in 2012 as the Reserve Bank of Australia reduced interest rates to an all-time low of 3%. Recent avoidance of America's "fiscal cliff" and the latest Chinese export data changed sentiment among some economists. Three of the four major banks have revised expectations of 3 rate cuts by the RBA this year ...
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