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Home loan data offers hope for property

Home loan data offers hope for property

As we head into 2012 pondering where the housing market is headed – will it be down 10 per cent as some commentators are expecting, or will others be on the money with predictions of 5-7 per cent growth – there is some interesting news emerging about home loans. Out...

New home sales buoyed by interest rate cut

New home sales jumped in November in response to the Reserve Bank’s interest rate cut. The sales of new homes rose 6.8 per cent in November, following a downwardly revised increase of 2.8 per cent in October, according to the Housing Industry Association – Jeld Wen...

Australia’s still raising the real estate roof

AUSTRALIAN housing markets displayed a generally resilient performance in 2011, reflecting the inherent security of residential real estate in this country, particularly when compared with housing markets in similar open-market economies. The year was always set to be...