Posted in News on Nov 12th, 2010
Sydney’s home price gains may slow after rising 13 percent above their 2004 peak, according to real estate researcher RP Data. Prices in Australia’s biggest city have risen an average 9.1 percent in the 12 months ended Aug. 31 to A$580,000 ($582,000) for houses and A$450,000 for apartments, according to a RP Data study prepared [...]
Posted in News on Nov 2nd, 2010
Not so long ago investors were hearing warnings to expect less spectacular returns from shares, but now the same warning applies to housing. After a decade of strong gains, including pre-tax returns averaging 21 per cent per annum for stocks in the S&P/ASX 200 in the five years to December 2007, investors were being warned [...]
Posted in News on Oct 29th, 2010
The rise in residential property prices in Australia is expected to slow in the last three months of this year and into 2011, according to a new survey. Real estate price growth over the last year has ranged between 10% and 12% nationally, according to varying measures of the market. Only the major markets of [...]
Posted in News on Oct 29th, 2010
AUTHORITIES in Victoria aim to avoid house-hunters having their hopes for their dream home dashed because of lower-end price quotes in property ads. Real estate agents in the state will be banned from using “price-plus” advertisements, to stamp out under-quoting.The use of terms such as “$500,000-plus” will be outlawed and agents will instead have to [...]
Posted in News on Oct 28th, 2010
The rise in residential property prices in Australia is expected to slow in the last three months of this year and into 2011, according to a new survey. Real estate price growth over the last year has ranged between 10% and 12% nationally, according to varying measures of the market. Only the major markets of [...]
Morrison Kleeman Real Estate News
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