I believe the Reserve Bank will hold rates at their current low levels for a long time, with the next move expected to be down rather than up.
This time of year the whole of the Top End starts complaining about the build up, we pray for rain hoping that when it comes the humidity will finally drop. This year it seems that our tropical build up is in the back of our minds and the economic build up has taken centre stage.
In September we witnessed another month and another rate hold. Both pre and post the September rate announcement commentary from economists and analysts alike suggested the RBA were keeping an easing bias because of Europe.
PROPERTY guru John McGrath is feeling rather positive about the real estate market in 2012 as two interest rate cuts, and potential for more combine to give it a push.
The economy in Australia is more complex today than in any other time in history. There are so many different sectors impacting our growth, and it is affecting all of us differently.
This week we read about the different ways we can find out the history of your house, learnt that QLD’s property market is A-OK and in full swing again and checked out the paint debate – pro or DIY?
With the 2010 end-of-year festive season well and truly in the rear view mirror, we’ve asked a few industry experts for their real estate market predictions for 2011.
In the wake of the Global Financial Crisis, local banks found it harder to access credit from overseas money markets and reacted by tightening lending criteria. Many institutions focused on higher loan-to-valuation ratios (LVRs), and cracked down on the low-doc and no-doc loans, which in the United States for a varied number of reasons (not More…
Melbourne’s property market is positively booming with house prices surging consistently over the last 12 months, sparking concerns that a bubble is brewing. Melbourne house prices shot up 19 per cent over the 12 months to the end of the March quarter to a median value of $482,000, according to RP Data. Other figures are More…