Australia’s display home vendors are facing a weakening winter demand if they are not prepared to meet the market with the stock levels slowly increasing over the next few weeks.
With the recorded rise in Australian residential building approvals seen in the last month of the first quarter of 2011, home builders have been quite busy constructing units in support of these increased building approvals. more…
Recently, it has been in the news that according to a recent rental market survey, seven out of ten tenants are looking to buy home for sale but until their dream of owning new houses for sale in Australia comes true, most want to stay in their present accommodation and are willing to pay more in rent to do so.
Michael Matusik, Property commentator, reported that two-thirds of the renters surveyed say that they are prepared to pay up to 5 per cent more in rent to stay put in their rental spaces, with a further 30 per cent saying they would accept an even bigger increase in rent just stay put. more…
Recently in the news, it has been reported that the number of loans from people who want to buy new houses for sale have dropped.
According to the report, residential property prices have increased in 2010 and will continue declining in the next six months as big mortgage brokers report a 20 per cent plunge in loan numbers.
Many home for sale will be affected by this situation. more…
In has been in the news lately that Australian residential land sales is down 40 per cent. It has reached their lowest level in a decade after almost halving from a year earlier.
A deteriorating house for sale affordability is being experienced in Australia recently. It has been a weak year for house plan building. more…
Australian couples have now put their house plans ahead of their plan of having children. They want a house plan first before having kids.
As the cost of entering the property market rises, around one in three Australians are now planning to delay their plans to start or grow a family. more…
