Latest Property News

Federal Budget ignores pressing housing issues, says HIA

By Peter Sarmas on 15 May 2013 No Comments

The Housing Industry Association (HIA) released a scathing review of last night’s 2013 Federal Budget in which it said the Federal Government largely ignored Australia’s residential building industry and missed an opportunity to implement further measures to increase housing supply ...

Aging Population Likely to Plateau Apartment Demand

By Peter Sarmas on 15 May 2013 No Comments

The popularity of apartment living in Australia could slow over the next decade as Gen X and Gen Ys seek homes with additional space, revealed the latest “Emerging Trends in Residential Market Demand” report, released by leading industry analyst and economic forecaster BIS Shrapnel ...

A New Era and a New Focus on Quality

By Pete Wargent on 14 May 2013 No Comments

Warren Buffett appeared on NBC this week advising investors to shun bonds and look toward equities at the present time. Buffett has warned that the present trend towards near-zero interest rates and the effective ‘printing’ of money in the US (known as quantitative easing) will hurt savers ...

Will the Recent Interest Rate Cuts Affect Melbourne’s Housing Market?

By Catherine Cashmore on 14 May 2013 2 Comments

Once again, it has been widely promoted that the drop in interest rates is “good news” for the housing market. Wayne Swan is taking ample credit as he attempts to persuade public ears that record low rates are solely down to responsible fiscal policy. In a brief break with tradition, NAB was the first to pass on the cut in full, followed closely by CBA, St George and Westpac ...

Property in Mill Park is Improving

By Peter Sarmas on 11 May 2013 No Comments

Welcome to our very first local insights blog. We will be using these posts to offer weekly tips about how to read the property market. You will also find rare insights never before revealed by industry experts. When reading these local reports, it's important to note that real estate markets differ ...

Melbourne Property Market Update – May 11, 2013

By Peter Sarmas on 11 May 2013 No Comments

It has been an interesting time in the property market this week. The RBA shocked many by cutting 25 basis points from the official cash rate. Even more surprising was the fact that all banks passed on the full rate cut, which is great news for home buyers and mortgage holders ...

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