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Total new apartment sales for 2010 amounted to 710, up 9% on 2009 figures. The last two years have been tumultuous for the new apartment market, with several projects experiencing settlement difficulties which have resulted in receivers being appointed.......
Nearly one million mortgage holders are looking to dump their current lender within the next six months, according to new research. Exit fees are no barrier for one in five Australian mortgage holders looking to switch deals, News poll found.......
Surfers Paradise is still among the highest-grossing suburbs in Australia despite unit sales dropping by more than 500 properties. Sales in 2010 totaled more than $475 million, according to an end-of-year report released by RP Data.......
THE Gold Coast property market is riding a rollercoaster controlled by interest rates and valuer's and the ride will not be coming to a stop anytime soon.......
DEMAND for fixed rate mortgages hit almost 11 per cent of all home loans approved in November, the highest level in 29 months, according to the customer data of one mortgage broker. That was considerably more than the 7.......
CONSTRUCTION remained weak in November, with new orders registering a further decline and activity falling across all the major sectors, a survey shows.......
Reserve Bank of Australia [RBA] puts up rates by 25 basis points to 4.75% The Australian dollar surged in Asian trading Tuesday after the Reserve Bank of Australia [RBA] surprised the market by hiking its cash rate for the first time in six months.......
COMMONWEALTH Bank raised home-loan rates 20 basis points more than the RBA The first of the big four banks to raise interest rates by more than the Reserve Bank's official move today.......
House prices have grown at their slowest pace since the global financial crisis, economists say house prices nationwide have grown at their slowest pace since the global financial crisis, following a series of rate rises early this year and ongoing fears ......
The outlook for Australian residential property is strong as signs emerge that home loan applications are on the rise, analysts say.......