The Real Estate Buyers Agents Association of Australia (REBAA) today revealed its predictions for the property market for the coming spring selling season.
Tuesday, August 24th, 2010
Exclusive Real EstateExclusive real estate has been immune to rising interest rates and a failing stock market with over $120 million spent on prestige properties on just ten homes in the last three months.
Tuesday, August 24th, 2010
Source PropertyEconomists say that market conditions are starting to soften in certain areas but some vendor’s prices are yet to reflect that. Many vendors are yet to catch up with the swift market cooling of the last couple of months and want higher prices than buyers are prepared to fork out.
Thursday, July 29th, 2010
NSW Stamp DutyWith the recent NSW budget, the NSW Government has put in measures in place to address the increasing lack of housing affordability by abolishing the NSW stamp duty for people purchasing a home ‘off the plan’ and under $600,000.
Tuesday, June 29th, 2010
Housing AffordabilityAmidst another rate rise and decreasing housing affordability in Sydney, there are suggestions again from economists that the housing bubble has burst but the RBA is quick to dismiss these claims.
Monday, June 28th, 2010
First Home BuyersAs interest rates rise and housing affordability in Sydney reaches record highs, Luci Ellis, the head of the Reserve Bank’s Financial Stability Department has dismissed the notion of a housing bubble in Australia, but has warned potential first home buyers of the risks in overextending themselves in the housing market.
Wednesday, May 19th, 2010
Sydney Property MarketAs Australian homebuyers face another interest rate rise, industry experts say that this won’t affect housing prices in the Sydney property market which are being driven upwards by a lack of supply.
Friday, May 14th, 2010
Houses for Sale in SydneyWith yet another rate increase tightening the clamp on existing mortgage payments and crippling some buyers who did not foresee the rapid increase rise – the fifth increase in seven months, this will not dampen the desire to buy houses on sale in Sydney, real estate experts say.
Monday, April 19th, 2010
Luxury Real Estate SydneyUp to half of Sydney homeowners are set to become property millionaires and own luxury real estate in Sydney, with house prices predicted to double in the next decade, the Sunday Telegraph revealed.
Thursday, April 15th, 2010
Sydney Real Estate Hot SpotsSydney real estate hot spots are traditionally growth areas, up and coming suburbs and locations with changing demographics.
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