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Summary
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Interest Rates Not to Rise Until Late 2015
Contrary to the industry predictions that interest rates could look northward by September, the National Australia Bank (NAB) suggests that rates are not likely to move until 2015’s last quarter. John Batsick reports for an article on the website The Adviser. Australian property market may not catalyse the upward movement of interest rates, believes NAB.…
Tagged: interest rates -
Sydney’s Property Boom Far From Over
In an article for the website Your Investment Property, Miriam Bell says that the property boom in Australia is far from over. Sydney’s property market has shot up by 2.3% over the March quarter. The prices for detached dwellings rose by 16.6% and apartments rose by 13.7 in a year-to-date analysis. The prices witnessed the…
Tagged: property investing -
Housing Data Indicates Unchanging Interest Rates
An article published in The Adviser talks about the potent mix of ‘spending cuts’ and present housing data; a combination which is sure to keep the interest rates pretty low for some time to come. The market, argues the article, is stabilising and this augurs well for the existing climate of low interest rates. Finance…
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Value Growth Close to Unsustainable levels
In the property cycle which commenced in the month of June 2012, prices have attained really high proportions in the last 9 months or so. An article on the website Smart Property Investment talks about how Sydney has superseded its previous peak by a staggering 15.8%. Experts however opine that such rate of growth is bound…
Tagged: home valuation -
Which States Lean More Towards Borrowing?
Out of the 43,963 home loans financed in the month of January, 28% of loans have been sought by borrowers in NSW. Close on their heels are borrowers from VIC, standing at 27%. In an article for the website realestate.com.au, Venessa Paech informs us on the borrowing habits of the Australian citizenry. In terms of…
Tagged: sydney property market -
Sydney and Melbourne in the List of Most Expensive Cities
Venessa Paech feels we are not imagining things if we are feeling a little squeezed out living in Sydney or Melbourne. In an article for the website realestate.com.au, Miss Paech informs that these two cities have found their way to the list of top 10 most expensive cities in the world. While Melbourne is in…
Tagged: sydney property market
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