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New home sales lifted in November but still lowest annual sales on record

New home sales lifted in November but still lowest annual sales on record | | MacroBusiness From the Housing Industry Association (HIA) today comes news that new homes sales are staging a tentative recovery, particularly in the detached house segment. Total new home sales rose by 4.7% in November driven by 7.7% lift in detached house sales, whereas sales of multi-unit homes (apartments) fe...

Rate cuts responsible for fall in fixed rate demand

Rate cuts responsible for fall in fixed rate demand A spate of variable rate cuts put a stop to rising demand for fixed rate home loans in December, according to one of Australia’s biggest brokerages.

Are investment markets rational and efficient?

Are investment markets rational and efficient? - Property Investment Update Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He has been voted Australia's leading property investment adviser and his opinions are regularly featured on radio as well as in major newspapers an...

Steve Keen and Macquarie Group tip cash rate of 2% by year-end

Steve Keen and Macquarie Group tip cash rate of 2% by year-end Perhaps signifying the level of uncertainty in the outlook for the 2013 economy and property market, a poll of 23 economists carried out by The Age profers a range in cash rate forecasts at year's end as anywhere between 2% and 3.25%. Notably, the University of Western Sydney’s professor Steve Keen...