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Rental houses pushing boom Wednesday, 14 July 2010
In May, investors borrowed a record $2.2 billion from the banks and other lenders to buy existing real estate in Victoria - almost matching the $2.4 billion lent to owner-occupiers.
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Who's driving up our house prices? Friday, 23 April 2010
MELBOURNE real estate agents say a third of properties sold in the leafy eastern suburbs is to foreign nationals taking advantage of relaxed investment laws.
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Review for house market Wednesday, 21 April 2010
THE federal and state governments are moving to ease the pressure on house prices by commissioning a review of factors curtailing the supply of new houses and artificially pushing up the demand for ho...
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Home-ownership dream dims for gen Y Wednesday, 21 April 2010
More young Australians see themselves as lifelong renters as the dream of home ownership fades, a new survey has found.
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Melbourne still soaring with 84% clearance Tuesday, 20 April 2010
MELBOURNE'S property market continued its incredible run at the weekend and because of strong demand, shows no signs of slowing. This weekend, 739 out of a reported 875 auctions resulted in a sale, pr...
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Bubble trouble warning, but first home buyers not main risk Monday, 5 April 2010
THE Reserve Bank governor's comments in his surprising series of television interviews this week concentrated, among other things, on dampening any potential enthusiasm for speculative activity in a r...
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Housing up but crime rates high Monday, 5 April 2010
FOR those who have bought in Melbourne's inner city, the good news has been the steady climb of property prices as former working-class enclaves have become hip addresses.
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Beware, it's the negative-gearer right next door Sunday, 4 April 2010
INTEREST rates will almost certainly go up on Tuesday, taking mortgage rates closer to ''average'' levels of 7 per cent. Then Glenn Stevens, the newly revealed guitar-playing, all-round ''ordinary guy...
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Interest rates: how high and why Sunday, 4 April 2010
BRACE yourself, home owners. Barring some overseas economic or financial calamity, it's almost a certainty now that interest rates are going to get significantly higher.
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Rates to fight housing booms Wednesday, 10 February 2010
RESERVE Bank governor Glenn Stevens has flagged that the Reserve could raise interest rates in future to stop rising house prices developing into a boom and bust that would damage the economy.
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