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Economic constraints to soften decline in national house prices

A LEADING real estate economist does not expect a prolonged national rate of decline in the current housing downturn. Ray White Group chief economist Nerida Conisbee said house prices would need to decline at a steady and consistent pace to create a significant national fall. “The housing downturn is underway. Higher interest rates have reduced borrowing capacity, while the Federal Budget has deliberately made investing in established residential property less attractive,” Conisbee said. “Prices are likely to fall further. Even so, national house prices are unlikely

Action speaks louder than words when it comes to housing

Not quite a ten pound airfare but the concept is similar

All eyes on the country’s economic growth

Banks revise their thinking and now predict a rate rise

New homes will be built but it’ll take a lot longer

Settle Easy saved from collapse

‘Perfect storm’ of events hits building group hard

EMBATTLED home builder Bathla Group has been placed into voluntary administration, leaving customers in limbo in what it says is a “perfect storm” of circumstances. It joins

Chance to simplify retail leases and tenancies

BUSINESS owners could soon have access to simplified rules for leasing retail spaces, regardless of where they operate. The federal government will begin talks with traders and landlords

Paying gas charge is ‘out of their control’

AUSTRALIAN renters are being slugged almost $440 million a year to stay connected to gas, analysis has shown, even though landlords control whether their properties remain on the network.

Sydney stands out despite others falling

SYDNEY provided the small ray of hope amongst a national rate of decline in the auction clearance rate, according to property data firm Cotality. The preliminary clearance rate across th