Archive for January, 2013

Feb rate cut unlikely: borrowers

Staff Reporter
Homeowners responding to a survey by mortgage brokerage Loan Market Group do not expect the Reserve Bank of Australia (RBA) to cut the official cash rate when the board … more »

Quirky signboard attracts public attention

Steven Cross
A signboard featuring a torn wedding photograph and the caption, ‘It just didn’t work out’, has gained widespread attention, its agent has said.
David Wood, principal at Ray White Morisset, … more »

Nation's opinions split over 2013 interest rates

Australians’ opinions are split on the prospect of interest rate movements in 2013, research by financial institution CUA shows.

Home sales on the rise

Staff Reporter
New home sales increased in December, marking a third consecutive monthly rise.
According to the Housing Industry Association’s (HIA’s) New Home Sales report, total seasonally-adjusted new home sales increased by … more »

First home buyers need more support: REIA

Staff Reporter
A lack of first home buyers shows the federal government must do more to support them, which includes allowing them to dip into their superannuation, the Real Estate Institute … more »

Sydney suburb expecting growth

Sydney’s south western suburb, once known for riots and being a predominantly housing commission area, has been identified for growth in 2013 by a number of property experts.

Macquarie Fields on the radar for growth

Sydney’s south western suburb, once known for riots and being a predominantly housing commission area, has been identified for growth in 2013 by a number of property experts.

RBA to leave cash rate on hold next week say economists: Bloomberg

The Reserve Bank will leave the cash rate on hold at 3% when it meets on Tuesday (February 5), according to the overwhelming majority of economists polled by Bloomberg.

Out of … more »

Chinese buyer surge in Mosman prestige sales

Offshore buyers are increasingly active in the underpinning of Mosman’s property revival.

The latest sale is $9 million on Burran Avenue on Balmoral slopes to mainland…

US residential property rebound gaining ground

Residential property prices in 20 key US cities rose in November from a year earlier by the most in more than six years, indicating the country’s housing rebound is gaining … more »