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Real estate agency enters advice market

Real estate agency enters advice market ifa In terms of referring from one business to the other, Mr Coronis said there would be “synergy” between the real estate and advice services but that no formal referral relationship existed and advisers were free to refer clients to other real estate ...

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RBA's ability to influence interest rates has diminished, Glenn Stevens ...

RBA's ability to influence interest rates has diminished, Glenn Stevens ... The Reserve Bank of Australia says the rate of house price growth in Sydney is "concerning", it now expects economic growth to remain "below-par" for longer than expected, and it believes unemployment will peak higher than first thought. It has also ... Reserve Bank governor Glenn Stevens warns interest rate cuts may be losing

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Housing boom tipped to 'get bubbly' as mortgage rates fall

Housing boom tipped to 'get bubbly' as mortgage rates fall Economists are talking of a Sydney housing bubble as mortgage rates fall to all-time lows and Australian Bureau of Statistics data released on Tuesday showed house prices in Australia's capital cities continued to rise in the December 2014 quarter ... Bubble warning as house prices jump againThe Australian Home prices up 7% in 2014, Sydney

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Fairfax creates new Domain real estate business entity

MuMbrella Fairfax creates new Domain real estate business entity MuMbrella It will comes as Fairfax looks to beef up its property offering, one of its most lucrative revenue streams, to compete with News Corp backed rival REA Group, which has a market capitalisation of $6.49bn, compared to Fairfax's $2.08bn. Speculation has ... Domain pushes for greater market shareReal Estate Business

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BoE signals interest rate hike

Mirror.co.uk BoE signals interest rate hike The Australian The Bank of England on Thursday signaled it remains on course to raise interest rates in the UK next year, despite a sharp slowdown in inflation in Britain and renewed concern in the global economy over the risk that debt-laden Greece stumbles out of ... Britain and America's central banks are suddenly drifting apartBusiness Insider Australia

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'Clear risk' of Australian house price correction

'Clear risk' of Australian house price correction Australia's housing boom is on the cusp of a cooling period, with a looming housing correction a possibility over the next year, according to research house AllianceBernstein. The upswing phase of Australia's property market, which has seen Sydney ... and more »

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13 ingenious real estate tips from Zillow's CEO

Business Insider Australia 13 ingenious real estate tips from Zillow's CEO Business Insider Australia Real-estate site Zillow has been collecting information about the residential real estate market for a decade. It's learned a ton about how houses are priced, bought, and sold. Now, the company has taken what it's learned and put it into a book. We got ... and more »

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Interest rate cut revives housing bubble fears

Interest rate cut revives housing bubble fears The Reserve Bank of Australia, which cut the interest rate to 2.25 per cent on February 3, faces a conundrum in one of the world's hottest property markets. As the central bank tries to stimulate economic growth while unemployment rises, its rate ... Bubble warning as house prices jump againThe Australian Sydney prices to fall: HSBC's bubble warningProperty Observer Sydney property bubble to pop when rates rise, says HSBCMortgage Business

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Simon Asquith with wife Anita Pipino and children April, 12, Josh, 11 and Zac ...

NEWS.com.au Simon Asquith with wife Anita Pipino and children April, 12, Josh, 11 and Zac ... NEWS.com.au ... become so popular it wasn't surprising,” Ms Pipino said. LJ Hooker Seaforth agent Justine Hallows said last year was one of the best sales years she could remember: “Just about every house below $1.5 million sold quickly and well above purchase ...

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Seeking an economist who understands residential real estate: Terry Ryder

Seeking an economist who understands residential real estate: Terry Ryder Property Observer I'm currently conducting a search. I'd like to meet her or him, if they exist. To date I have encountered in my travels myriad economists who don't have even the thinnest veneer of knowledge about residential property or what drives it. Let me know if ... RBA chief to face a grillingThe Age

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Australian dollar plunges as investors bet on March rate cut

Australian dollar plunges as investors bet on March rate cut "The odds that the RBA [Reserve Bank of Australia] cuts interest rates again have significantly increased following the poor Australian employment report," Mr Haddad said. "Meanwhile, the US central bank is still on track to raise the interest rate by ...

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Melbourne, Sydney housing prices continue to rise, RP data shows

ABC Online Melbourne, Sydney housing prices continue to rise, RP data shows The Australian CoreLogic head of research Tim Lawless said that despite the turnaround in Hobart, Sydney has again been the stand out housing market with 2.4 per cent price growth over the quarter and 13 per cent for the last 12 months. “Sydney has also shown the ... Housing prices up in JanuaryNEWS.com.au Home price gains

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Cubitt Street, Richmond, home to go under the hammer as real estate prices rise

Cubitt Street, Richmond, home to go under the hammer as real estate prices rise The 18-month record run of low interest rates has spurred Melbourne's median house price to hit a fresh peak of $669,000 late last year, up from a previous high of $550,000 in 2010, just-released December quarter figures from the Real Estate Institute ... and more »

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Are interest rate cuts good news for first homebuyers?

CommBank MyWealth Are interest rate cuts good news for first homebuyers? CommBank MyWealth When there's a cut to the official cash rate, as there was earlier this month from 2.5% to 2.25%, it can spur even greater demand to get into the property market. That's because the cost of borrowing money from mortgage lenders typically becomes cheaper.

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The Greens want to give more power to renters. Source: Supplied

NEWS.com.au The Greens want to give more power to renters. Source: Supplied NEWS.com.au An International Monetary Fund report from November found that the ratio of housing prices to average incomes was 31.6 per cent above the historical average in Australia. So, while home ownership is moving further from the average Aussie's reach ...

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Tasmanian real estate industry struggles to get potential Chinese dairy ...

ABC Online Tasmanian real estate industry struggles to get potential Chinese dairy ... ABC Online Potential Chinese investors have toured some of Tasmania's most productive dairy regions and played cat-and-mouse with agents in drawn-out negotiations. But very few deals have been done. North-west Tasmanian real estate matriarch Betty Kay sells ...

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Sweden sets interest rate below zero

Sweden sets interest rate below zero SBS The bank dropped its zero interest rate to -0.1 per cent on Thursday and announced it would buy government bonds worth 10 billion kronor ($A1.53 billion) in a bid to bring its inflation rate - which has hovered around zero for two years - closer to its ... and more »

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Port Hedland's price plummet: Can it recover?

Property Observer Port Hedland's price plummet: Can it recover? Property Observer In the 2014's 10th annual Demographia International Housing Affordability Survey, Port Hedland's market was considered the 13th most affordable, with a median multiple of 5.0 (median housing price of $818,000; median income of $163,700). The year prior ...

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