Posted in News on Nov 10th, 2010
AUSTRALIAN real estate investment trusts are very attractive to international investors due to the underlying quality of assets and stable economy, according to United States property advisers.Ron Sturzenegger, the global head of real estate for Merrill Lynch, who is attending the firm’s inaugural Australian REIT conference in Sydney this week, said the one hurdle for [...]
Posted in News on Nov 9th, 2010
MUM-AND-DAD investors are buying bargain-priced houses in the United States for the cost of a new car. They are cashing in on a combination of a rising Australian dollar and a depressed US property market which has seen recently built five-bedroom houses in cities such as Atlanta, Georgia, selling for as little as $35,000 – [...]
Posted in News on Nov 1st, 2010
The International Monetary Fund (IMF) has warned Australia and its neighbours of the need to raise interest rates and cut government spending because of the economic strength of the region. It says in its Regional Economic Outlook for Asia and the Pacific released in Jakarta on Thursday that strong economic growth in the area is [...]
Posted in News on Nov 1st, 2010
As predicted by Rismark and RP Data since the start of the year, Australia’s housing market has flat-lined in the second half of 2010. The monthly RP Data-Rismark Hedonic Home Value Index was the first benchmark to report a big shift in housing conditions with a substantial fall in Australian dwelling values in the month [...]
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