Today’s trending stories in Australian home ownership and Home Loans.
- Lending to investors rose slightly in October
The total value of home loan lending rose modestly in October, recovering from a sharp decline in September, according to the Australian Bureau of Statistics’ (ABS) housing finance data for October. The value of lending rose 0.6% to $32.503bn in October in seasonally adjusted terms. Compared to a…
- The dangers of analysing past performance
Fifty-six percent of property investors said Australian house prices have always gone up in the past when asked for the main reason for their confidence. … However, after house prices fell in Sydney for the second month in a row, economists from UBS said the country’s world record housing boom was…
- Melbourne auctions: First-home buyers driving apartment sales
Sales of apartments and units in Melbourne have lagged behind house sales over the past two years but they were on the up and up at the weekend.
Market watchers attribute the improved performance of the apartment market to the rising confidence of first-home buyers.
First-time buyers have been given a market leg-up through the abolition of stamp duty on sub-$600,000 properties and stamp duty reductions on sub-$750,000 dwellings. The incentives were introduced in July by the stat…
- Investors set Brisbane in their sights, attracted by prospects of steady growth
Brisbane will be one ofthe best capital citiesfor capital growth over the next five years, according to asurvey of more than 2200 property investors and owners.
The Property Investment Sentiment Survey aimed to capture a snapshot of how those in the property market are feeling about buying and selling in the futureand is run by the Your Investment Property Magazine and Michael YardneysProperty Update.
The survey results showed 45 per ce…
- How foreign buyers affect Australian home prices
Foreign buyers make account for up to 13% of all home purchases in 2015-2016