thesatellite.com.au: Property

Dubai property prices bottom out

Tue, 23 Feb 2010 07:47:27 +1000

DUBAI'S battered real estate prices have nearly bottomed out and should start to recover, but probably not until at least next year.

Housing affordability plunges

Mon, 22 Feb 2010 17:47:28 +1000

WOULD-BE first homebuyers who opted to wait out the buying frenzy spurred by the federal government's grant boost last year may now be kicking themselves.

Requests surge for 100% mortgages

Thu, 18 Feb 2010 13:28:11 +1000

INQUIRIES for 100 per cent home loans have surged 250 per cent since the federal government's generous first home owners grant ceased at the end of last year.

Sale marks end of Gympie gold

Wed, 17 Feb 2010 06:00:00 +1000

ELDORADO Gold Mine will permanently close, bringing an end to the gold mining era in Gympie.

Owner-occupier house finance drops

Wed, 10 Feb 2010 13:37:57 +1000

HOME loan approvals retreated for a third straight month in December after a reduction in government subsidies and interest rate rises dampened enthusiasm.

New homes sales down 4.6% in Dec

Mon, 01 Feb 2010 11:45:07 +1000

RISING interest rates and a reduction in government subsidies caused new homes sales to fall in December, a leading housing industry body says.

House prices record strong growth

Thu, 28 Jan 2010 10:59:14 +1000

HOUSE prices are at all time highs in most capitals after more buying in expensive suburbs drove the strongest annual price growth in seven years.

Switch lenders to save

Sat, 09 Jan 2010 08:34:55 +1000

HOME buyers and mortgage holders can save hundreds of dollars per month by abandoning the big four banks and using smaller lenders, a mortgage broker says.

Property 'red hot' in 2010

Wed, 06 Jan 2010 14:12:39 +1000

A SURGE in building approvals in November points to a "red hot" property sector in 2010 - but interest rate rises could cool the fire.

New home sales rise by just 0.3%

Tue, 05 Jan 2010 11:32:46 +1000

NEW home sales rose by just 0.3 per cent in November as a lack of finance heavily affected the weak multi-unit sector, the Housing Industry Association says.

Property prices point to Feb rate rise

Thu, 31 Dec 2009 21:00:00 +1000

DOUBLE-DIGIT increases in property prices over 2009 suggests that further interest rate rises may come sooner rather than later, an economist says.

Housing analysts forecast 5-6% growth

Thu, 31 Dec 2009 13:28:55 +1000

AS home buyers look for the best time to enter the market, many of the nation's top housing analysts have forecast growth of about five or six per cent in 2010.

Property market to see better 2010

Thu, 31 Dec 2009 10:00:32 +1000

THE commercial real estate market is set to experience some improvement in 2010 as conditions stabilise after huge losses during the global downturn.

High credit cuts loan capacity

Tue, 22 Dec 2009 13:41:31 +1000

CONSUMERS should lower the limits on their credit cards to improve their ability to borrow for a home, a leading non-bank lender says.

Westpac justifies rates rise

Wed, 16 Dec 2009 10:12:03 +1000

WESTPAC Banking Corporation has justified its recent increase to home loan rates, saying that it would do no one favours to offer rates that were unsustainable.

Home lending to decline in 2010

Mon, 14 Dec 2009 12:57:15 +1000

DEMAND for home loans is set to decline in the year ahead as interest rates creep higher and investors stay on the sidelines, a report says.

Rates won't stay low: Gillard

Fri, 11 Dec 2009 11:56:46 +1000

EMPLOYMENT Minister Julia Gillard has shied away from speculating on another interest rate rise in February on the back of Thursday's positive jobs figures.

Construction activity shrinks

Mon, 07 Dec 2009 14:03:49 +1000

ACTIVITY in the construction industry contracted in November as falls in the building of flats and in engineering and commercial work constrained the sector.

ACCC axes Caltex plan for Mobil

Wed, 02 Dec 2009 15:08:09 +1000

THE competition watchdog has knocked back Caltex Australia Ltd's attempted takeover of 302 Mobil service stations.

Rate hike 'will hit housing'

Tue, 01 Dec 2009 14:42:45 +1000

THE central bank's decision to raise official interest rates will damage the chances of a strong recovery in the home building market, according to the HIA.