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Australian Bureau of Statistics report: Home Ownership Down - Renters Up.

Posted at 24 July, 2019
Rent Or Buy Graphic

. . . . Twenty years ago about a quarter of Australians 27 per cent rented, but this figure has increased as the number of Australians owning their own home has fallen.......

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Forecasting the Bottom of the Housing Market

Posted at 19 July, 2019
Bottom Of The Market

. . . Property analysis firms SQM Research, Domain and CoreLogic, AMP Capital chief economist Shane Oliver who was one of the first to tip the big downturn, BIS Oxford Economics, ANZ, and the Reserve Bank of Australia.......

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Housing Market Recovery Picks Up

Posted at 12 July, 2019
Open Face House2 Jul 04

. . . . . While much has been made of Australia's $7 trillion housing market bottoming out in 2019, strong auction results, improving access to finance and interest rate cuts has prompted forecasts that the trough may be brought forward.......

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Home Buyers in Driver's Seat in Current Housing Markets

Posted at 08 July, 2019
Drivers Seat

. . . . Lower housing values are becoming increasingly attractive to first home and prospective buyers previously priced out of the market.......

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First Home Buyer Market Primed for Growth

Posted at 06 July, 2019
1st Home Buyers

. . . . Nationally, first home buyer activity declined 5.8 per cent over the 12 months to December 2018, while softening markets New South Wales and Victoria saw first home buyer activity increase by 2.......

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RBA cuts interest rate to record low of 1 per cent

Posted at 05 July, 2019
Interest Rate

. . . The Reserve Bank has cut the official cash rate for the second month in a row to a fresh record low of 1 per cent as it desperately tries to pump some juice into Australia's stalling economy.......

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Home Mortgage Arrears Rising, RBA says

Posted at 04 July, 2019
Arrears

. . . . . The number of homeowner's behind on mortgages have climbed back to 2010 levels, although the Reserve Bank says this does not pose a risk to the financial system.......

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Queensland Plans New Underwater Hotel

Posted at 03 July, 2019
Underwater

. . . An eco-tourism experience will see visitors sleep three metres beneath the ocean's surface in a new sustainable "floating" hotel planned for the Great Barrier Reef.......

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