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The latest money property news from NEWS.com.au
Updated: 9 min 55 sec ago
House prices won't crash, says RBA
AUSTRALIA'S house prices will soften but should not crash because of the world economic crisis, Reserve Bank governor Glenn Stevens says.
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Only way for real estate is up - developers
TWO residential developers have called the bottom of the housing market, saying some life should return to the sector next year.
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First home buyers 'faking contracts'
SOME first home buyers are changing the date of existing contracts so they qualify for the latest lucrative Federal Government grants.
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Nation's house prices 'heading south'
- House prices set to fall as rates go down
- As economy slows, prices could go lower
- Calculator: Can you afford to borrow?
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Nation's house prices 'heading south'
- House prices set to fall as rates go down
- As economy slows, prices could go lower
- Calculator: Can you afford to borrow?
Categories: Property RSS Feeds
Rate cuts ease landlords' pain
RATE cuts mean almost $550 a month has been wiped off the interest cost of a $350,000 variable rate investment loan.
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Top 10 tips to avoid landlord hell
TENANTS from hell, rising repayments and maintenance problems can make landlords feel investing in property is best left to suckers.
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Savage blow to musical duo
FORMER Savage Garden musician Daniel Jones is the latest victim of Sydney's slumping property market.
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House prices fall in top suburbs
PRESTIGIOUS suburbs are facing house price slumps amid the credit crunch as cheaper outer-suburbs emerge from years of price falls.
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Falling prices 'won't help affordability'
HOUSE prices fell in the September quarter and grew at the slowest annual rate in three years.
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Panicked property sellers vs eager buyers
THE property market has become polarised, with lots of movement at the top and bottom of the market - and falling prices in between.
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Market downturn helps homebuyers
TIMES of recession can also be a good time to buy property with many vendors being forced to opt out of the housing market.
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First-home buyers risk price sting
FIRST-HOME buyers risk going backwards if they take up Kevin Rudd's generous cash handouts to enter the market over the next eight months.
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Buyers beware as housing market stalls
CLEARANCE rates crash despite the beefed-up cash grant as the credit crisis strikes again.
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Extra cash fails to lift home sales
KEVIN Rudd's bid to lure first-home buyers into the sluggish property market has been greeted with caution by young investors.
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Home loan advertising blitz attacked
AN advertising blitz urging first home buyers to spend the hand-out on their house deposit has been slammed.
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House prices up as greedy cash in
GREEDY home sellers are taking properties off the market and re-listing them at higher prices in an attempt to cash-in off first home buyers.
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Rate cut may help with rent - for a while
TENANTS across Australia look set for a short-term reprieve from rising rental prices, with analysts expecting landlords to pass on the benefits of interest rate cuts.
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First-time buyers storm market
FIRST home buyers captivated by the lure of $21,000 in new government grants have stormed builders and real estate agents in search of bargains.
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Price rise will eat up Rudd's homebuyer aid
HOUSE prices are tipped to rise as a result of the First Home Owners Boost announced by the Federal Government yesterday.
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The next Reserve Bank of Australia media release following the RBA board meeting will be,
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