REAL ESTATE REPORT

Richest suburbs in Australia revealed
18 Oct 2012 - Australia’s richest suburbs are revealed, investors digest encouraging figures on home loans and rental prices and CommSec's Craig James provides a property outlook.

Borrowers lock in mortgage rates
11 Oct 2012 - Borrowers are reportedly locking in home loan rates, the most since early 2008, according to Australia’s largest mortgage broking group.

Interest rate relief for borrowers
04 Oct 2012 - The Reserve Bank has lowered the cash rate by 25 basis points to 3.25 per cent at its October board meeting that will reduce average loan repayments by $50 per month.

Banks tip further rate cuts ahead
27 Sep 2012 - The big four Australian banks, who control about 90 per cent of the mortgage market provide their outlook on interest rates for the coming months.

Sydney housing shortfall deepens
20 Sep 2012 - Sydney’s housing affordability crisis is set to deepen according the McKell Institute, having only built half of the targeted dwellings.

Low rates fail to spur home buyers
13 Sep 2012 - Home loans fell 1 per cent in July, highlighting ongoing weakness in the sector and building a case for further interest rate cuts.

House prices run out of steam
06 Sep 2012 - House prices have fallen 2.4 per cent in the year to date, suggesting low interest rates have done little to entice potential home buyers.

New home sales plunge in July
30 Aug 2012 - Lower levels of confidence and tighter credit conditions have impacted new home sales in July. RP Data’s annual figures for the year to May show Queensland’s coal rich Bowen Basin returning strong capital gains over the past year.

Property stocks deliver strong profits
23 Aug 2012 - Industry figures remain subdued for the residential market while property stocks have delivered strong full year results.

Lending finance edges up
15 Aug 2012 - Lending finance figures were up in June but home loan standards remain tight post the Global Financial Crisis.