Latest Property Investment News

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Finance • 17 JUN 2010

CBA latest to slash rates

CBA has become the third major to slash its fixed rate mortgages.

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Hotspots • 17 JUN 2010

Winter hotspots revealed

Despite the recent winter property market cool-down, there are still some active hotspots, Raine & Horne chief executive officer Angus Raine has said.

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Hotspots • 17 JUN 2010

Outlook glum for property market: HIA

Despite posting a modest increase in housing starts, the outlook for the new financial year remains sombre.

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Finance • 16 JUN 2010

RBA to leave rates on hold for “near term”

The RBA is expected to keep the official cash rate on hold until at least August, having moved rates back to more "neutral levels".

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Hotspots • 16 JUN 2010

We are not in a housing bubble: Residex

Despite widespread speculation that Australia is in the midst of a housing bubble, Residex chief executive officer John Edwards has said this is not the case.

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Hotspots • 16 JUN 2010

Consumer optimism reaches GFC low

Despite the RBA’s decision to keep rates on hold, consumer optimism has dropped for the second consecutive month, representing the largest two-month fall since March...

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Hotspots • 15 JUN 2010

Auction activity plummets

Auction activity in Melbourne has taken a tumble, with just 59.9 per cent of properties clearing over the weekend.

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Hotspots • 15 JUN 2010

House price growth to stall

A slow-down in house price growth is on the cards, according to BIS Shrapnel.

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Finance • 11 JUN 2010

Employment upswing threatens rates

The RBA could be forced to hike interest rates again next month in order to stem a rise in inflation, with figures showing a marked improvement in the employment rate.

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Hotspots • 11 JUN 2010

Residential slowdown results in vendor discounting

The recent slowdown in Australia’s residential property market could result in greater vendor discounting, RP Data has found.

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