REAL ESTATE REPORT

Approvals fall for first time in 2013: ABS
17 Oct 2013 - This week home loan approvals fell for the first time this year, however economists remain confident the housing sector remains set to strengthen in the coming months.

Construction aiding economic recovery: AiG
11 Oct 2013 - The Australian Industry Group's performance of construction index rose 3.9 points to 47.6 in September from the previous month, remaining below the 50-point level separating contraction from expansion however adding fuel to the fire of an emerging economic recovery.

Sydney and Melbourne lead the way in price growth
02 Oct 2013 - Boisterous house price growth in Sydney and Melbourne has driven national dwelling values to a record high, according to RP Data’s September Home Value Index.

Borrowers using cuts to pay off quicker: RBA
27 Sep 2013 - The Reserve Bank of Australia has released a report saying that up to 90 per cent of the windfall from two years of rate cuts has been directed towards paying off mortgage debt ahead of schedule by home owners.

Auctions at 10 year peak: APM
18 Sep 2013 - APM’s senior economist Andrew Wilson says Sydney and Melbourne had the highest number of listed auctions over the weekend since pre-Easter, with Sydney boasting a clearance rate in excess of 80 per cent over nine of the past ten weeks.

Property springing into new buying season
11 Sep 2013 - Analysts say low interest rates and home buyer competition should see the spring buying season touch levels not seen since the property peak of 2009-2010.

Capital city prices charge forth
04 Sep 2013 - Australian capital city home prices have risen more than five per cent in the past year, with the Sydney and Perth property markets leading the charge.

Construction struggles belie RBA uptick hopes
30 Aug 2013 - Australia’s building products manufacturers face struggles in the face of a slower than expected recovery in housing construction.

Property boom around the corner?
23 Aug 2013 - Some analysts are saying that Australia’s east coast is on the verge of a property boom and just doesn’t know it yet, as Sydney and Melbourne auction clearance rates register consistently vigorous levels.

Election year market movements
14 Aug 2013 - With the federal election fast approaching, a lot has been said among property analysts about an expected housing market slowdown in the lead up.