Posts Tagged ‘Houses’

Homes still in short supply

In these times of lower auction results, and tales abounding of property bargains galore it might seem a bit unbelievable to be talking about a housing supply issue.

Many vendors are probably thinking that the only supply issue they have right now is that there’s too many properties on the market. But behind the scenes there’s still plenty of talk about how we’re not building enough houses by number crunchers who … Read the full post »

Keeping your cool

There are opportunities and dangers when surrendering your cooling off period.

In the heat of the moment, the exhilaration of finding and snaring a jewel in the real estate market can be a buyer’s natural adrenalin. But then you sleep on it. And you start to think… Maybe the place will need a bit more work than expected. And how many extra dollars will that cost?

The timber floors seemed a bit … Read the full post »

All Signs Point to an Active Spring Season

Over the last three decades Australian house prices have recorded periods of extreme growth contrasted with periods of weakness. With the benefit of time, the peaks and troughs of house price growth tend to even out, with Australian house prices recording an average annual rate of growth of 8.4%.

The Australian property market moves in cycles which are influenced by a wide range of factors including unemployment, interest rates, consumer … Read the full post »

Australian Property Market Among Best in the World

Australia’s property market has been named as one of the best in the world, thanks to a 20 per cent increase in house price growth last year.

According to a report of 47 countries by Knight Frank, Australia ranked fourth in terms of house price growth.

Knight Frank’s head of residential research Liam Bailey said the stellar growth in property values was driven by a combination of a 40 year low in … Read the full post »