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    Economists divided on rates direction

    Posted by Real Estate Investar on Sat, Dec 3, '16

    Economists this week came to different conclusions about the likely path of interest rates as they looked at building, business investment and retail spending data ahead of next week's economic growth figures.

    HSBC's Australia/New Zealand chief economist Paul Bloxham said Australian interest rates have reached a turning point and are unlikely to fall further before rising in 2018.

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    Topics: Interest Rates

    Treasurers to talk housing affordability

    Posted by Real Estate Investar on Sat, Dec 3, '16

    Treasurer Scott Morrison is meeting his state and territory counterparts to thrash out a way to ease the housing affordability pressures dogging parts of Australia.

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    Topics: housing

    Housing demand defies gravity

    Posted by Real Estate Investar on Wed, Nov 30, '16

    An odd thing is happening in the housing market - auction numbers are down compared with this time last year, but the numbers of homes being sold is up.

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    Topics: housing

    Housing fading as low-growth trap looms

    Posted by Real Estate Investar on Wed, Nov 30, '16

    The October slump in building approvals most likely overstates the steepness of the decline in housing construction - but it's still a decline and it's set to continue.

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    Topics: housing

    Negative gearing drives wedge between Libs

    Posted by Real Estate Investar on Wed, Nov 30, '16

    The federal government has refused to budge on negative gearing despite a push by the NSW Liberal government for more to be done to ease housing affordability.

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    Topics: housing

    Housing auction clearance rates stay high

    Posted by Real Estate Investar on Wed, Nov 23, '16

    The auction clearance rate has stayed high last week despite a rising number of homes going under the hammer.

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    Topics: housing

    Price moves confirm strong housing market

    Posted by Real Estate Investar on Wed, Nov 23, '16

    Something unusual has happened to house prices in the past four weeks: the average price of mainland capital city homes has risen, at a time when sellers are usually rushing to offload their properties ahead of the summer holiday break.

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    Topics: housing

    Renters facing more financial stress

    Posted by Real Estate Investar on Wed, Nov 23, '16

    The apartment building boom in Australia's capital city appears to be doing little to ease the financial stresses faced by renters, a report shows.

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    Topics: rental

    Qld public housing rents cut up to $10

    Posted by Real Estate Investar on Sun, Nov 20, '16

    About 40,000 Queensland public housing tenants will have as much as an extra $10 a week in disposable income after the Palaszczuk government cut their rent.

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    Topics: housing

    RBA unsure about growth, jobs and housing

    Posted by Real Estate Investar on Fri, Nov 18, '16

    The Reserve Bank seems content to hold interest rates amid uncertainty about the outlook for inflation, jobs and economic growth.

    The RBA board's discussion at its November meeting two weeks ago kicked off with a conversation about how earlier economic forecasts have not matched the reality.

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    Topics: Interest Rates

    RBA signals rates pause with downside bias

    Posted by Real Estate Investar on Thu, Nov 17, '16

    There are two messages written clearly between the lines of the Reserve Bank board's latest monetary policy meeting.

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    Home loans rose 0.9% in Sept

    Posted by Real Estate Investar on Thu, Nov 17, '16

    Home loans for owner-occupiers rose 0.9 per cent to $19.9 billion in September.

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    Topics: home loans

    Housing prices rise for 4th week in a row

    Posted by Real Estate Investar on Mon, Nov 14, '16

    Housing prices have risen for the fourth week in a row, led by Sydney, according to property market analytics firm CoreLogic.

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    Topics: housing

    Home loan approvals rise 1.6% in Sept

    Posted by Real Estate Investar on Thu, Nov 10, '16

    The number of home loan approvals rose 1.6 per cent in September, beating market expectations of a 1.6 per cent fall.

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    Topics: housing

    REA flags soft market despite strong Q1

    Posted by Real Estate Investar on Tue, Nov 8, '16

    Digital property listings company REA Group has warned that soft listing volumes in the September quarter are likely to continue through the first six months of the fiscal year.

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    Topics: housing

    Dulux lifts FY underlying profit 4.6%

    Posted by Real Estate Investar on Tue, Nov 8, '16

    Paint company Dulux has lifted full-year profit 15.6 per cent to $130.4 million and expects demand for home renovations to keep driving profit growth.

    Excluding one-off costs from the

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    Topics: housing

    Housing goals for WA seniors

    Posted by Real Estate Investar on Tue, Nov 8, '16

    Affordable housing for older West Australians has long been neglected but was just as important as housing for first homebuyers, WA Housing Minister Brendon Grylls says.

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    Topics: for

    RBA content but watchful on jobs, housing

    Posted by Real Estate Investar on Tue, Nov 8, '16

    Jobs growth remains a concern for the Reserve Bank, which has noted a rise in part-time work could see people working more hours without improving the unemployment rate.

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    Topics: housing

    Approvals hint at gradual home price dip

    Posted by Real Estate Investar on Thu, Nov 3, '16

    Building approvals outside high rises have slightly softened, suggesting that any fall in home prices as more property comes onto the market will be gradual rather than a big crash.

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    Topics: Approvals

    Non-residential building steps up

    Posted by Real Estate Investar on Thu, Nov 3, '16

    There's a lot of attention being paid to housing construction and how it looks to have topped out but there's not so much focus on non-residential building, which is doing just the opposite.

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    Topics: housing