Sydney real estate agents are preparing for an influx of foreign investors as Chinese tourists fly into Australia for Chinese New Year
The Australian Bureau of Statistics’ November 2016 housing finance data showed that over the month, housing finance commitments totalled $33.2 billion
The Residex Predictions Report identifies 109 suburbs and towns nationally that are most likely to deliver better than average growth over the next five to eight years
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More properties are set to enter the Australian property market over the coming weeks - adding to the stock currently on the market, which could be bad news for sellers.
Median rents are on the rise in the Western Australian capital, according to new figures from the state's real estate institute.
Australian Property Monitors believes that the Australian property market will return to growth in the second half of the year.
A senior economist has predicted three rate rises for 2011, in spite of the RBA's decision on Tuesday to leave rates on hold.
The number of home loans processed by Australia's largest mortgage broker, AFG, has dropped to its lowest level since the inception of its Mortgage Index in 2004.
The flood damage will surely have a massive economic impact on property owners but this is likely to be short-lived according to Residex.
Melbourne house prices soared 6.9% to $601,500 in the December quarter triggered by continuing strong demand for housing according to REIV. This also marks a significant milestone - the first time that house price broke through the $600,000 barrier.
A recent market research report by the Ehrenberg-Bass Institute of Marketing Science has revealed that Australian Broker, followed by Mortgage Professional Australia, is the most highly celebrated publication in the industry.
A researcher from real estate agency Place has urged residents in flood-affected Brisbane to hold onto their homes rather than selling at a discount.
A seasonal decline in tenant interest before Christmas pushed vacancy rates higher at the end of 2010.
Males are 10% more likely to look at options including refinancing in 2011, according to Mortgage Choice.
While the full extent of the damage is yet to be quantified, Fitch Ratings said the flood currently affecting South East Queensland is expected to have a negative impact on mortgage borrowers.
Treasurer Wayne Swan has announced his banking reform package, which will see a shakeup of the way home loans are constructed and the funding market for smaller lenders.
A buyers' market has developed in Queensland due to falling demand for investment properties, the Real Estate Institute of Queensland has said.
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