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
31
May 2011
As Australia’s housing market remains locked in the doldrums, its new home sales are at its slowest pace this year in April.
A survey shows that Australia’s new home sales are flat and are showing signs of dropping to levels seen throughout the global financial crisis.
The number of new houses for sale in Australia sold edged up by a seasonally adjusted 0.2 per cent in April to just 11,000, according to the latest Housing Industry Association-JELD-WEN New Home Sales Report. The said sales is seen to be the weakest since sales shrank in the final two months of 2010 at less than the 4.3 per cent increase reported for March. more…
26
May 2011
The problem in Australia houses for sale prices has been bugging the property market for a number of years. The softening of the property market has become a serious issue as many problems have cropped up that affect the property market.
Just recently, it has been in the news that according to a top government advisory body, regardless of a strong demand in key areas and a loss of affordable housing, a projected feature on the property market for this decade is a flat property prices. more…
24
May 2011
After the the key interest rates hiked in May to 4.75% by the Reserve Bank of Australia (RBA), the housing market of Australia is said to be weakening. According to the Australian Bureau of Statistics (Austats), its Q4 2010 official data is expected to confirm the said softening of the houses for sale prices.
Property market blogs and forums as well as the newspapers have been full of stories of the softening of the property market of Australia. For instance, its lowering of sales and diminishing homebuyer confidence. more…
19
May 2011
It has been in the news recently that the banks in Australia are refusing to finance loans to people who are interested to buy flooded homes. Banks are snubbing and refusing to finance loans of shrewd would be buyers who are desperate to snap up a bargain in the post-flood Ipswich property market.
According to Brett McGrath, the Herron Todd White senior valuer, in spite of the recorded 3300 homes being written off and the 1700 house plans designs needing repair which were all affected by January’s disaster, there are still plenty of shrewd and desperate buyers who want to purchase these damaged and flooded houses. more…
Category: Australian Homes, Home Builders, Home Designs, Home Designs Plan, Home Loans, Homes for Sale, House Builders, House Design, House Plan, House and Land Packages
Tags: austalia houses for sale, Home Builders, home for sale, House and Land Packages, house plans designs
