Archive for category: Market

Sydney Property Development Update

Sydney Property Development Update

  Sydney dwelling approvals were slightly down on recent months in February (1,561). The major cause was a fall in multi-unit approvals which was the second lowest in this financial year (898), according to the NSW Government’s Sydney Region Metropolitan Development Program (MDP) Monitor. Multi-unit dwelling approvals were relatively concentrated […]

Mosman Heads Top 100 List

Mosman Heads Top 100 List

Mosman retains its status as the nation’s mega-suburb for sales according to the list of the top 100 suburbs compiled by RP Data, despite the merchant banking industry still to return to its boom-time buying habits. Some 622 sales in Mosman on Sydney’s lower north shore last year grossed $951 million, easily beating […]

Who Got The Rate Decision Right?

Who Got The Rate Decision Right?

Katie Dean, head of Australian economics at ANZ The drive by media, homeowners and economists were all shocked by yesterday’s Reserve Bank (RBA) decision to leave the cash rate unchanged at 4.2%. However, not everyone was surprised by the so called “shock decision” from Glenn Stevens and his board. 24 […]

RBA Rate Unchanged! – Pressure Off Banks

RBA Rate Unchanged! – Pressure Off Banks

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 4.25%, defying expectations of a third rate cut in a row. Governor Glenn Stevens, and the RBA Board have taken the view that the overall economic situation looks more stable than when the board meet in […]

Building Approvals Update: ABS

Building Approvals Update: ABS

Research indicates building approvals declined 1% to 11,443 units in December, however the value of approvals increased by 1.9%, following a decline of 0.5% in November. Building approvals increased in Queensland by 24.6% however declined by 5% and 16.7% in New South Wales and Victoria respectively over the same period. […]

China watch – Harry Triguboff says Chinese buyers back in market in 2012

Harry Triguboff predicts that Chinese buyers will be back in Sydney Town in 2012. China watch – Harry Triguboff says Chinese buyers back in Sydney market in January: Gottliebsen. Bring on the Year of the Dragon!

Residential – What 2012 has in store for Australia’s property markets

  Real estate expert gives his views on the property market outlook for 2012 Residential – What 2012 has in store for Australia’s property markets. A lot positive talk is coming from the various Australian real estate experts. Fingers crossed.