Result Page 23 for Latest Real Estate News & Archive

Home price growth slows less than expected

Australia's home price growth slowed less than predicted in the three months to June, as interest rates climbed and buyer demand weakened.

Building approvals cast doubt on residential building upturn as commercial building also weakens

Another decline in dwelling approvals in June is further proof of a wavering residential building upturn, and notwithstanding a monthly increase, there has also been a significant fall in non-residential building approvals as the boost from the Government's economic stimulus fades, according to the peak body for the building and construction industry, Master Builders Australia.

Approved dwellings down 3.3% in June, says ABS

The total number of dwellings approved slumped in June this year, and has been in the downward trend for three months in seasonally adjusted terms, according to the Australian Bureau of Statistics Building Approvals.

Approved dwellings down 3.3% in June, says ABS

More news

House prices growing at slower pace

Australian house prices continue to increase in most capital cities, but growth pace is slowing, according to a June quarterly house price report released today by online real estate data group Australian Property Monitors (APM).

Australians worry about affordable housing

Eight out of ten Australians are concerned about a lack of infrastructure and affordable housing amid the expanding and ageing population, according to new research findings.

Aussie mining towns booming

The upswing in commodity prices will generate property investment opportunities in Australia's key resource regions over the next year, according to analysts.

Queensland builders hit by activity snags in last quarter

Queensland’s construction industry has been on the decline for the past three months as a new report by the Queensland Master Builders Association (QMBA) showed on Thursday that up to 75 percent of polled businesses believed that building activity would either decline or stabilise in the coming 12 months.

HIA says new homes sales decline in May

The Housing Industry Association (HIA) said on Wednesday that new home sales fell to a three-month low in May thanks to the ever-increasing interest rates which further doused cold water on an already struggling fresh housing demand recovery.

HIA predicts sluggish housing recovery

The Housing Industry Association (HIA) is anticipating a sluggish development in new home building by next year as it cited that the government’s slow progress in releasing more lands and the dwindling availability of funds for real estate developers are tempering fresh housing initiatives.

ACT property auction elicits little interest from national developers

The ACT government auctioned off two significant city sites on Monday; the land and property services expert handling the sale was caught off guard by the apparent disinterest shown by national property developers.

Australia ranks 4th in property price rates

The Australian property market is known as one of the world's best performers despite a 20 per cent rise in prices since last year.

Household savings uplift in June qtr

Household savings have dramatically changed for the better in the June quarter, however, credit cards became the major cause of debt in Australia, according to a recent survey.

Australians continue to buy real estate despite RBA warnings

Australians are ignoring forecasts of the Reserve Bank that another interest rates may occur in the next few weeks as they continue to buy real estate properties.

House prices seen to rise in Perth

House prices in Perth are expected to rise sharply over the next three years, faster than any other capital city in Australia, experts had predicted.

House prices seen to rise in Perth

House prices in Perth are expected to rise sharply over the next three years, faster than any other capital city in Australia, experts had predicted.

Shire near Sydney tops ‘No Go Zones’ real estate list

The Sutherland Shire in Sydney topped this year’s listing of the worst areas in the nation for real estate investments, as compiled by real estate analyst and writer Terry Ryder in his annual ‘No Go Zones’ report released Wednesday.

Three WA regions reaches national hotspots list

Three Western Australian regions have made it to the top list for construction of new homes.

Shortage of properties, sales are up says real estate group

Ray White, the country’s largest real estate and property group, says that there is still a shortage in properties and housing in Australia. But the group also marked positive sales. Ray White recorded an eight per cent sales increase on May.

HIA says WA government must work harder to create more affordable housing

The Housing Industry Association (HIA) has affirmed concerns earlier by Western Australia’s Chamber of Commerce and Industry (CCI) that the state government would need to release more land and increase urban density in order to encourage more affordable housing availability.

Expensive houses will scare off workers -economist

High prices of housing will slow down the growth of the country’s next boom since this will push labor shortages, says an economist.

Places in Australia for affordable homes

If purchasing a house in Australia is a bit challenging decision to make, the Federal Government has released its research data revealing places that are likely to have affordable houses for sale.

House prices crippled due while consumer confidence fades

Index reports have shown that home prices in April went for a halt with some capital cities citing some falls and others barely made it on the marginal gains.

Survey points to a faltering property price boom on Australian major cities

After more than a year of property price growth, signs are starting to show that the residential property boom is slowly grinding to a halt with most major cities around Australia posting either declining or moderate growths.

Economics professor says satellite cities in Qld is a bad move

An economics professor commented on Thursday that plans for three new satellite cities in Queensland's south east will pose a major problem for people to move to regional areas.

Queensland develops three model cities

The Queensland Government declared on Wednesday its plans to build three brand new cities in the state's southeast from the ground up to answer to the problems of population growth.

Moody’s says Australian building societies stand on solid ground

Moody’s Investors Service has reported on Monday that Australia’s building societies are standing on solid ground with anticipated growths in their deposit base as the country’s economy is on its way to further recovery.

Westpac survey shows slipping consumer confidence due to rate hikes

The latest Westpac – Melbourne Institute Consumer Sentiment Index showed declines by up to seven percent to 108 points in May, coming from 116.1 index points in the previous month and apparently reeling from the effects of interest rates increases and drops on global share markets.

Stockland positive on its home sales growth for 2010

Real estate developer Stockland claimed it's on the right track as it posts a 5,000 net deposits on homes at the end of April for the fiscal 2010.

Home ownership in Canberra declines

Affordability is out the of the question as house prices and the continuous rising of interest rates have pushed home ownership farther away for many young Australians.

Queensland announces birth of a billion dollar community in Gold Coast

Queensland Prime Minister Anna Bligh has announced the launch of a new $1 billion residential community in Gold Coast set to be developed by Mirvac, with about 2300 home units to be spread in a sprawling 500 hectares at Pimpama within the next 10 years.

ABS says home financing plunges as first home buyers avoid the market

New data released by the Australian Bureau of Statistics on Wednesday showed that the overall volume of owner-occupied housing slid to its lowest level since April 2001 as housing finance commitments declined by 3.4 percent in March to 48,260 following the government’s withdrawal of its stimulus suite grants for first home buyers.

Experts warn home values to stall

Real estate experts warned that housing market would slow down as interest rate hikes filter through to buyers.

Survey reports a busier construction sector in April

With an onslaught of new orders and flat building increase, the construction sector turned into a beehive again in April as a new survey by the Australian Industry (Ai) Group-Housing Industry Association (HIA) performance of construction index (PCI) surged from 4.8 points in April to a seasonally adjusted 55.8 points.

REAL ESTATE

Pages