Result Page 24 for Latest Real Estate News & Archive

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.

More news

ABS reports first quarter rise in building approvals

The Australian Bureau of Statistics (ABS) has reported on Wednesday that building approvals in Australia has increased by 15.3 percent to 16,383 units in March from the 14,208 units in February, which economists attributed to rushes of acquisition in flats and townhouses.

Aussie property prices are rising despite rate hikes

The Australian Bureau of Statistics (ABS) has revealed Monday that property prices are still surging upwards as house price index jumped by 4.8 percent in the March quarter and seemingly discounting the expected impact of the successive interest rate hikes.

Veda Advantage: Applications for residential mortgage fell in Q1

A survey made by consumer credit company Veda Advantage showed that applications for residential mortgage fell in the first quarter after the government's first home owner's grant was reverted to its pre-financial crisis levels.

Survey groups appalled over home ownership pessimism

In a recent poll conducted by both Mortgage and Finance Association of Australia and Commonwealth bank-owned Bankwest Retail, majority of young Australians fall under the category of lifelong renters instead of real estate owners.