Tuesday, 26 October 2010
Housing affordability problems are spreading across the country, with 47% of first home buyers are now spending over 30% of their income on housing repayments, compared with 43% in 2000, a new report from the National Centre for Social and Economic Modelling ...
Housing affordability falls as house prices gain 1.4% during April
Tuesday, 18 May 2010
Housing affordability has continued to decline due to rising interest rates, the withdrawal of first home owner stimulus and strong price growth, according to the latest results from the HIA-CBA First Home Buyer Affordability Report. ...
Housing shortage to hit 466,000 by 2020, HIA report reveals
Friday, 19 March 2010
Australian's housing crisis is set to continue over the next decade resulting in a shortfall of 466,000 dwellings by 2020 if current trends continue, according to the latest figures from a Housing Industry Association report. ...
Construction industry expands in February: Economy Roundup
Friday, 05 March 2010
The Australian construction industry has managed to expand for a second month in February, but at a slower pace, according to the latest results from the Australian Industry Group-Housing Industry Association Performance of Construction Index. ...
How high could interest rates go?
Wednesday, 03 March 2010
Yesterday's decision by the Reserve Bank of Australia to raise the official interest rate by 25 basis points to 4% is the beginning of a series of increases designed to bring monetary policy into neutral territory, economist have predicted. ...
Housing affordability drops as surging auction results spark fears of prices overheating
Monday, 22 February 2010
Housing affordability declined during the December quarter due to sharp price increases and three consecutive interest rate rises, the latest figures from the Housing Industry Association reveal. ...
Housing affordability continues to fall, Qantas defends executive pay: Economy Roundup
Thursday, 22 October 2009
Housing affordability has once again continued to worsen due to higher interest rates and the rolling back of government grants, according to new figures from the Housing Industry Association. ...
Housing finance falls, Construction industry finally grows, Brookes defends Myer IPO: Economy Roundup
Wednesday, 07 October 2009
Housing finance has dropped by 0.6% during August, while the value of owner-occupied housing finance fell 1.7% to $16.54 billion, according to new figures from the Australian Bureau of Statistics. ...
House prices surge 4% in first five months of 2009
Tuesday, 30 June 2009
New housing data shows the value of Australian properties rose 3.9% during the first five months of 2009, nearly wiping out losses incurred during 2008. ...
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