By Peter Sarmas on 3 Jun 2013 No Comments yet, your thoughts are very welcome
Ahead of tomorrow’s interest rate decision, financial news site Bloomberg found that a majority of economists forecast the RBA to keep the cash rate at 2.75 percent, reduced when the RBA met last month. Twenty-four out of the twenty-five economists expected the RBA would hold out ...
By Peter Sarmas on 2 Jun 2013 No Comments yet, your thoughts are very welcome
Results from the third RP Data-Nine Rewards consumer sentiment survey in May revealed that consumer attitudes are more positive than negative when it comes to Australia’s current housing market. The survey incorporated responses from 1,030 participants ...
By Peter Sarmas on 1 Jun 2013 No Comments yet, your thoughts are very welcome
As we gear up for next week’s Reserve Bank cash rate announcement, a number of factors are hindering strength in the property market. According to Cameron Kusher of RP Data, buyers looking to purchase a home in the near future are holding out for improved confidence ...
By Peter Sarmas on 1 Jun 2013 No Comments yet, your thoughts are very welcome
Last weekend’s 74% clearance rate result from good quality numbers (720) was reflective of a property market that appears resilient, for the inner city at least. Nicholas West, the Director of Nelson Alexander’s Carlton office, echoed a similar sentiment ...
By Peter Sarmas on 31 May 2013 No Comments yet, your thoughts are very welcome
In the past, low interest rates tend to propel a buying frenzy in the property market, but according to RP Data research analyst Cameron Kusher, a predominantly negative buyer sentiment is standing in the way of what would be an otherwise flourishing market ...
By Peter Sarmas on 29 May 2013 No Comments yet, your thoughts are very welcome
Investment into property renovation is continuing its trend south according to a Housing Industry Association (HIA) discussion paper titled, “Renovations Activity: The recent deterioration and outlook.” It revealed a sharp decline in renovation lending over the past two years. According to the paper, there have been five consecutive reductions in the value of investment into renovations since the September quarter of 2011 ...
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Chinese Property Investors Taking Over the Australian Market - Fact, Fiction or Fearmongering?
Why Taking a Long-term Position on Property Investment Can Reduce Risk
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Where is Mount Clear and Why is it Special?
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Miss Universe Jennifer Hawkins’ $10 Million Property Empire
Investment Property Turned Cannabis Farm
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The Seven Deadly Sins of Property Investing
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How to Feng Shui Your Home to Attract More Buyers
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