Latest Property Investment News

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Finance • 12 AUG 2011

RBA, it’s time to cut rates: HIA

The Reserve Bank of Australia should cut interest rates now to avoid confidence and property market activity spiralling any lower, according to the Housing Industry...

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Finance • 12 AUG 2011

Inflation forecasts revised

Interest rates could remain on hold for the foreseeable future if the latest inflation expectations are anything to go by.

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Hotspots • 12 AUG 2011

Investors told to buy now - August 2011

With property prices at the bottom of the cycle, investors are being told to buy now.

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Finance • 11 AUG 2011

Mortgagees find feet in hard market

The percentage of Australian mortgage holders in arrears has fallen in the last month, suggesting borrowers are finally starting to cope with the higher cost of living.

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Hotspots • 11 AUG 2011

McMansions on outer as buyers downsize

Large ‘McMansion-style’ houses are quickly losing their appeal as buyers seek smaller and more efficient houses, with three-bedroom, two-bathroom homes particularly...

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Hotspots • 11 AUG 2011

Dour outlook for residential building

The nation’s residential building activity is likely to remain flat this year after new home lending fell 0.4 per cent in June, HIA senior economist Andrew Harvey has...

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Finance • 11 AUG 2011

Escalating debt problems encourage RBA pause

Back in May 2011, Reserve Bank Governor Glenn Stevens advised that “rates would need to rise at some point”.

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Hotspots • 10 AUG 2011

Agent to offer vendors home insurance

A Sydney-based real estate franchise network said it would offer vendors an insurance policy that covers the eventual home buyer for major system and appliance repairs...

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Finance • 10 AUG 2011

Banks move to cut rates

Just one day after the Commonwealth Bank announced it would cut the interest on some of its fixed rate products, a number of other lenders have decided to jump on the...

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Hotspots • 10 AUG 2011

Gladstone properties selling in 24hrs

Properties are being sold in less than one day and rental vacancy rates are touching zero in areas around the resource-rich Queensland town of Gladstone, local agents...

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