Tag: homes

Housing finance shows little response to rate cuts

Real Estate Institute of Australia (REIA) President, Ms Pamela Bennett says the June housing figures released today by the Australian Bureau of Statistics (ABS) show there’s been little response to the interest rate cuts of May and June. Housing finance figures for June 2012 show, in trend terms, that the

Read More »

Apartments boost new home sales

New home sales edged up for the third straight month in June following the Reserve Bank’s most recent interest rate cut in the same month. The Housing Industry Association’s new home sales report showed a 2.8 per cent rise in new home sales, driven by a 15.7 per cent surge

Read More »