Enzo Raimondo
News and interviews on Enzo Raimondo including trends, features, blogs and community conversations from an Australian business perspective.
Auctions market slumps as euro crisis affects buyer confidenceMonday, 21 May 2012
Residential property has been struck by the fallout from a shocking week on financial markets, as investors wiped out $US110 billion worth of shares on fears the euro zone crisis would continue to swell. ...
Auctions market could maintain momentum through winter, sales figures suggest
Monday, 14 May 2012
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
Monday, 07 May 2012
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
Monday, 26 July 2010
Building activity will stay flat during the next two years due to a lack of Federal Government support and an underwhelming supply of projects from the private sector, a new BIS Shrapnel report reveals. ...
Buyers start to return as house prices cool further
Monday, 19 July 2010
Experts suggest buyers may be returning to the property market as prices return to more normal levels as new house price Residex figures show price growth is continuing to cool. ...
Investors warned to remain cautious of property market until bargains appear
Monday, 05 July 2010
The latest auction results shows the property market's winter chill is continuing, but experts say investors shouldn't rush into take advantage of falling clearance rates and sales results just yet. ...
Sellers yet to “wake up” to the fact property market has cooled: Experts
Monday, 28 June 2010
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
Monday, 21 June 2010
Buyers might be backing off from Australia's housing markets, but bargain-hunters can scout good deals in high-end property if they commit themselves to research and seek out auctions, one property expert says. ...
Auction market continues to cool as experts warn of potential price falls
Monday, 07 June 2010
The property market continues to cool as both volumes and clearance rates decline, with some potential price falls on the horizon as would-be buyers back off due to higher interest rates, experts say. ...
Expert warns housing prices could fall if borrowers stay away from property
Monday, 17 May 2010
House prices could fall in the second half of the year if house lending continues to tumble, one property expert has predicted. ...
Auctions market finally slowing as interest rates bite
Monday, 10 May 2010
The residential property market is beginning to slow as rising interest rates prevent would-be buyers from spending more on a mortgage, the latest auction clearance rates reveal. ...
New home sales rise by just 0.9% in March, but auction market strong
Monday, 03 May 2010
New figures from the Housing Industry Association 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
Tuesday, 27 April 2010
Temporary residents will be forced to sell any property bought during their stay in Australia, in just one of the new rules to be imposed on the market by the Federal Government to curb a high level of foreign investment. ...
Auction results still solid, but first home owners are hurting as rates rise
Monday, 19 April 2010
First home owners are experiencing considerable financial stress due to interest rates rising more quickly than expected and are devoting 45% of their income to mortgage repayments, an industry expert has said. ...
Auction market still white hot, but first home owners could be getting nervous
Monday, 12 April 2010
The auction market has shown no sign of slowing down in the first week after Easter with the nation's strongest markets once again recording solid clearance rates, but new figures suggest first home owner demand may be about to slow. ...
The great real estate heist: how Fairfax lost $10 million
Thursday, 01 April 2010
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
Monday, 29 March 2010
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
Monday, 22 March 2010
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
Monday, 15 March 2010
The housing industry will continue to suffer from extensive supply issues and price pressures even if reforms are put into place immediately, property experts have warned. ...
Experts say housing market can withstand more rate rises
Monday, 08 March 2010
The housing market will not see any significant drop in demand until the variable mortgage rate reaches about 8%, according to industry experts, leaving some time before the real estate industry feels the pain of rising interest rates. ...
