16
Jun 2011
Recently, a new report was released from Fitch Ratings, a global ratings agency which details mortgage performance by postcode, showed that mortgage delinquency rate in Western Australia has increased while Queensland has made history as Australia’s worst state for mortgage defaults.
The Fitch Ratings report showed that a rise of 1.99 percent, from 1.94 per cent, was being observed from the mortgage delinquency rate in the six months to March in WA while Queensland was recorded with the highest number of mortgage holders that are in debts at 2 percent. more…
14
Jun 2011
According to data from the global survey by mortgage insurer Genworth that was in the news lately, Australian homeowners are among the most indebted in the world.
The survey’s respondents were home owners and aspiring first homebuyers in eight countries namely Australia, Canada, India, Ireland, Italy, Mexico, the United Kingdom and the United States.
Though the Australian homeowners are amongst the most indebted people in the world, however the data of the new research shows that most Australian homeowners had no trouble in meeting monthly repayments on their mortgage in the last year. more…
09
Jun 2011
AUSTRALIA’S construction industry has stalled, which shows a high vulnerability to a hike in interest rate.
Just recently in the news, it has been shown in a report that Australia’s construction industry has shrunk for the 12th consecutive month.
According to a survey, house-building activity has fallen for the twelfth consecutive month and now is vulnerable to further interest rate hikes.
House builders look to be threatened with a hike in interest rates as its house-building activity has stalled. more…
07
Jun 2011
With the spiraling energy prices, new regulations and a coming price on carbon, Australia’s property owners, managers and listed property trusts are now forced to look seriously at their energy usage and levels of investment into energy efficiency solutions.
The increasing prices in energy and water have also forced potential home designs buyers to look into the benefits of buying green houses.
As defined by Wikipedia, “a Green home is a type of house that is designed to be environmentally friendly and sustainable, focusing on the efficient use of “energy, water, and building materials.”” more…
02
Jun 2011
A survey data showed recently that Australian capital city dwellings’ values dropped by more than 1 per cent for the three months till April. This said to be due to the losses that occurred in the luxury property market.
With home values all across capital cities dropping by 1.2 per cent from the first quarter to April, Brisbane, Perth and luxury suburbs have continually pulled down the Australian housing market.
Latest survey data from RP Data-Rismark Hedonic Home Value Index shows that home designs in Brisbane fell by 3.1 percent while house designs in Perth fell by 3 percent for the quarter on a seasonally adjusted basis. more…
Category: Australian Homes, Home Builders, Home Designs, Homes for Sale, House Builders, House Design, Houses for Sale, Real Estate for Sale
Tags: australia houses for sale, Home Builders, Home Designs, house bulders, houses designs
