Housing Affordability Improves Nationwide Last Quarter
During the first quarter of 2013, there has been a slight increase in the affordability of real estate in Australia, according to the Real Estate of Australia/Adelaide Bank Housing Affordability report.
Victorian Government Proposed Building Changes Challenged – HIA
The Housing Industry Association (HIA) has responded to the recently released package of housing industry reforms from the Victorian Coalition government, claiming that there is more room for improvement.
REINSW President Urges New South Wales Government To Cut Stamp Duty Tax
In a statement released today (May 16), Mr Payne urged the NSW government to reduce the transfer stamp duty tax for their upcoming budget - saying that past tax cuts have shown significant increases to government income.
Lower Rental Rates in Brisbane Keeps Market Competitive
Rental rates for real estate in Brisbane have relaxed only slightly over the past quarter according to the Real Estate Institute of Queensland (REIQ) Rental Vacancy Rate survey for the first quarter of 2013.
MBA: Cash Rate Cut Will Kick-Start Housing Recovery
The latest cash rate cut could make an essential contribution to recovery in the Australian housing market - but only if banks pass the latest reduction on in full.
Softer real estate market performance across the country in April is likely down to seasonal factors and will represent a small "blip" in the likelihood of broader recovery in the market.
On the whole, metropolitan Adelaide saw some improvement compared with the same quarter of 2013, with a 1.96 per cent growth in median real estate prices, which now stand at $390,000.
Business Outlook for VIC Property Sector on the Rise
The business sentiment for the Victorian property sector has risen for the third quarter in a row, according to new figures from the Property Council of Australia-ANZ Property Industry Confidence Survey.
Values of real estate in Australia have increased by 3.8 per cent for houses in the December quarter, with capital cities also seeing a 2.4 per cent rise for other dwellings.
