Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 0.1% in the March quarter 2013.
The capital city indexes rose in Perth (+1.2%), Melbourne (+0.2%), Darwin (...Australian Bureau of Statistics (ABS) Building Approvals show that the number of dwellings approved have fallen in the first 3 months of 2013, in trend terms, following a period of growth throughout 2012. In March they declined by a further 1....
The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.6%. Investment housing commitments rose 1.5%, while owner occupied housing commitments was flat. ¦In seasonally adjusted te...
The Real Estate Institute of the ACT today announced it has entered into a formal partnership with Wisdom to provide real estate training to the local industry.
“Some people may not realise this, but real estate agents have to und...Assistant Treasurer David Bradbury has today released for consultation exposure draft legislation and explanatory materials to remove the Capital Gains Tax discount for non-resident individuals on taxable Australian property, such as real estat...
It has been a good week for the ACT with it not only being ranked as the second most liveable city in the nation, but continuing to hold its title as the most affordable state or territory.
According to the latest Adelaide Bank/REIA Hou...It has been a good week for the ACT with it not only being ranked as the second most liveable city in the nation, but continuing to hold its title as the most affordable state or territory.
According to the latest Adelaide Bank/REIA Hou...A new report by the National Housing Supply Council clearly identifies the need for a concerted approach by Governments to address housing affordability, particularly for first home buyers, according to the Real Estate Institute...
ACT Economic Update of 22 February 2013 and the ACT Outlook reports can be downloaded below.
The total value of owner occupied housing commitments excluding alterations and additions fell 0.1% in trend terms and the seasonally adjusted series fell 2.7%. The trend series for the value of total personal finance commitments rose 0.2%. Fix...
The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.4%. Investment housing commitments rose 1.3%, while owner occupied housing commitments fell 0.1%. In seasonally adjusted terms, th...
The Real Estate Institute of Australia (REIA) says the Reserve Bank of Australia’s (RBA) first Board meeting of the year has resulted in no surprises but an interest rate cut was justified in order to stimulate a stagnant market.
...Statement by Glenn Stevens, Governor: Monetary Policy Decision
Reserve Bank of Australia Board decided to leave the cash rate unchanged at 3.0 per cent.
Global growth is forecast to be a little below average for a time, ...Preliminary estimates show the price index for established houses for the weighted average of the eight capital cities rose 1.6% in the December quarter 2012. The capital city indexes rose in Sydney (+2.3%), Perth (+2.9%), Melbourne (+0.7%), Br...