When you purchase a house, there is always a level of risk involved. As one of the largest financial commitments that many people make in their lifetime, signing on the dotted line can be quite intimidating.
While the consecutive interest rate cuts of May and June were welcomed by the property industry, the impact of the Reserve Bank of Australia's decision has yet to have a significant effect on home sales.
The Housing Industry Association (HIA) views the recent Council of Australian Governments (COAG) report as a sure sign that the housing shortage in Australia is worsening.
Latest research from the Real Estate Institute of New South Wales (REINSW) reveals that median house and unit prices have fallen in the 12 months to March 2012 in Sydney.
When the market is hot, more people are prone to making impulse purchases. And while sometimes it pays off to take decisive action, this may lead to buyer's remorse.
400k In Govt Funding For Docklands Library And Community Centre
The Victorian government has provided $400,000 in funding to build the new Docklands Library and Community Centre, which has the potential to boost the appeal of residential property in the area.
Stakeholders of the building and construction industry fear the introduction of the carbon tax will negatively affect their business this coming year, according to Master Builders Australia.
New legislation passed in Queensland last week will support people looking to buy a property in the sunshine state, according to a leading real estate body.
