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May 2009 - Posts

Industry Market Wrap

The latest figures tracking the performance of the US housing market came out this week, with the First American Core Logic House Price Index (HPI) release revealing US housing prices fell 11.5 percent as of March ‘09 compared to a year ago, a slight
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RBA will leave rates on hold: economists

May 29, 2009 12:57pm - Perth Now SIGNS of stabilisation in the global economy should convince the RBA to leave interest rates unchanged at its board meeting next week, economists say. But economists say there is a chance of more rate cuts towards the
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The moment is now

Date: May 24, 2009 Publication: The Age All the indications are that property prices are set to rise soon, so now is a good time to buy or fix your loan. It's often said that when it comes to buying residential property, it's time in the market,
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Housing market 'may have turned corner' - nzherald.co.nz

Housing market 'may have turned corner' 2:50PM Thursday May 21, 2009 Positive noises coming out of the property sector continue to grow, with a further suggestion the housing market may have turned the corner. The Mike Pero Mortgages-Infometrics
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$3.2m for Hills state-of-the-art home

May 19, 2009 11:15pm- AdelaideNow AN architecturally-designed Balhannah house has defied the global downturn by setting a new sales-price record for an Adelaide Hills property. In a positive sign for the real estate market, the 6.27 ha property sold for
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US home builders' confidence improves

Jeff Bater | May 19, 2009 Article from: Dow Jones Newswires US builders are growing increasingly confident about the new-home market, a sentiment index showed. The National Association of Home Builders' latest Housing Market Index rose to 16 in May,
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RBA holds rates on improvement signs

Jordan Chong - brisbanetimes.com.au May 19, 2009 - 12:09PM Tentative signs of improvement in the global economy, particularly in Asia, prompted the Reserve Bank of Australia (RBA) to leave interest rates unchanged in May. The RBA kept the cash rate unchanged
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International News - Estate agents selling more homes UK

Monday, 18 May 2009 09:50 - aboutproperty.co.uk window.google_render_ad(); Estate agents sold more homes in April than in any other month since October 2007. The figures released today from the National Association of Estate Agents (NAEA) revealed the
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Interest in homes down under soars

Tuesday, 17 Apr 2007 09:24 Interest in Australian homes has tripled since December 2006 - aboutproperty.co.uk Overseas property buyers' interest for homes in Australia and New Zealand has soared, new research shows. In its latest monthly overseas
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International News - Egpytian Real Estate

Egyptian real estate remains immune to world crisis Thursday, 09 April 2009 Property Wire The real estate sector in Egypt continues to perform well as there is a large gap between supply and demand, it is claimed. The positive outlook is expected to result
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Top end opens purses

May 10, 2009 - Herald Sun MELBOURNE returned to the good old days of rapid-fire bidding for million-dollar properties yesterday. A statewide clearance rate of 76 per cent -- the 13th week straight the rate has stayed above 70 per cent -- was in part fuelled
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Single Story For Sale in Cape Schanck

PENINSULA GETAWAY • 2 bath, 3 bdrm single story - MLS® Cape Schanck, Mornington Peninsula - PENINSULA GETAWAY Cerulean Skies collide with azure ocean for views to the bay and beyond. Serene and tranquil, this secluded family home, comprising
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Reserve Bank prepared to cut rates if economic woes worsen

By Fleur Leyden | May 06, 2009 12:00am Daily Telegraph THE Reserve Bank has signalled it is prepared to cut interest rates again if the economic outlook sours despite leaving them on hold at 3 per cent yesterday. RBA governor Glenn Stevens warned that
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Auckland property market continues recovery

Tue, 05 May 2009 1:36p.m. More good news for the housing market today, as Barfoot & Thompson released their latest sales data. April’s sales figures show the average house price in Auckland was $502,726, up 2.2 percent on that achieved in March.
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Home sales climb to 13-month high

Author: Chris Zappone Date: April 29, 2009 The Age New home sales rose to their highest level in 13 months in March, as the first-home buyers grant buoyed demand. Total new home sales rose by 4.2% last month to 8210, accelerating from the 3.9% growth
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China buoys economy: RBA - RBA holds rates at 3%

Chris Zappone May 5, 2009 The Reserve Bank left its key interest rate unchanged today, citing a revival in China as cause for hope that the worst may be over.Official interest rates are at a 49-year low of 3%, where the central bank has moved them in
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RP Data Press Release "Property Value Index Release"

Released 30 April 2009 For expanded Media Release Click on the Link Below for PDF Document (278kb) http://www.rpdata.com/news/rp/RP_Data_Rismark_Hedonic_Property_Value_Indices_release_Apr_09%20FINAL.pdf Residential Property Values Bounce Back in March
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Victoria calls for end of stamp duty

Rick Wallace, Victorian political reporter | May 01, 2009 Article from: The Australian THE states would scrap all stamp duties in exchange for a $20 billion a year share of income tax revenue under a radical revamp of fiscal relations put to the Rudd
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