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Enzo Raimondo
News and interviews on Enzo Raimondo including trends, features, blogs and community conversations from an Australian business perspective.
Housing market "becalmed" – but analysts have found one positive signal to hold on to
More housing supply, cautious consumers and changing property purchase patterns are all making the property industry feel a little subdued.
Auctions market slumps as euro crisis affects buyer confidence
Events in Europe are hurting the confidence of property markets, as auction rates fell on the weekend.
Auctions market could maintain momentum through winter, sales figures suggest
The auctions market has continued to perform reasonably well during the autumn slowdown, with experts and analysts saying the industry may have enough momentum to push through the next few months with a better result than last year.
RBA downgrades expectations for property market as confidence and industry conditions still disappoint
The Reserve Bank has downgraded its expectations for the housing market, delivering a downbeat assessment in which it says income-to-housing ratios have reached levels not seen since 2002, and that a recovery is still going to take some time.
Construction activity tipped to stay flat for two years, auctions still down
A new BIS Shrapnel report reveals building activity will stay flat during the next two years due to a lack of Federal Government support.
Buyers start to return as house prices cool further
As new house price figures show price growth is continuing to cool, experts suggest buyers may be returning to the property market as prices return to more normal levels.
Investors warned to remain cautious of property market until bargains appear
The latest auction results shows the property market’s winter chill is continuing.
Sellers yet to “wake up” to the fact property market has cooled: Experts
Property experts reveal despite falling clearance rates, sellers are still putting properties on the market in the hope they’ll be able to cash in on the dramatic price increases recorded over the past year.
Tips for property bargain-hunters as market continues to cool
Property expert says bargain-hunters can scout good deals in high-end property if they commit themselves to research and seek out auctions.
Auction market continues to cool as experts warn of potential price falls
Experts say the property market continues to cool as both volumes and clearance rates decline.
Expert warns housing prices could fall if borrowers stay away from property
Property expert predicts house prices could fall in the second half of the year if house lending continues to tumble.
Auctions market finally slowing as interest rates bite
The latest auction clearance rates reveal the residential property market is beginning to slow as rising interest rates prevent would-be buyers from spending more on a mortgage.
New home sales rise by just 0.9% in March, but auction market strong
New Housing Industry Association figures reveal new homes sales increased by just 0.9% during March, a disappointing result following a 5.2% decline in February.
Foreign property investors targeted under strict new Government rules
Federal Government enforces new rules to help curb a high level of foreign investment.
Auction results still solid, but first home owners are hurting as rates rise
First home owners are experiencing considerable financial stress due to interest rates rising more quickly than expected.
Auction market still white hot, but first home owners could be getting nervous
A new survey from mortgage broker eChoice reveals that 40% of Australians are considering buying a house within the next 12 months, with 38% of those first-home buyers.
The great real estate heist: how Fairfax lost $10 million
Two weeks ago, a cabal of high profile real estate agents stole $20 million from the vaults of an ASX-listed company in a secret raid.
Glenn Stevens warns property buyers over debt, but auction market still read hot
The property market has recorded one of its strongest weekends of the year so far, with Melbourne recording over 1000 auctions ahead of the slow Easter weekend.
Property remains hot in lead-up to Easter
Property results have continued to remain strong coming up to Easter with auction clearance rates and total sales values remaining high.
Strong demand and weak supply stoke auction markets – but there’s no quick-fix to supply shortage
Experts warn housing industry will continue to suffer from extensive supply issues and price pressures even if reforms are put into place immediately.
