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Showing 51 - 59 of 59 results for "Australian Housing"

First home buyers housing affordability falls to record low

AAP  |  THURSDAY, 27 NOV 2003
... 9.4 per cent in the September quarter, according to the Commonwealth Bank/HIA Housing Report. The report said Australian housing affordability is now 22.5 per cent lower than it was in September last year. The benefit of stable interest rates through ...

RBA decision takes economists by surprise

... interest rates, who are already carrying excess credit, will reign in the expanding housing sector. Already, the Australian housing sector is heading towards a point where construction of new dwellings will exceed the actual need for houses by Austra ...

Rise in building approvals expected: economists

AAP  |  WEDNESDAY, 29 OCT 2003
... cent last month. Mr Meer believes the slide in that category would have continued in September. But he said Australian housing approvals would remain steady at relatively high levels until the interest rate structure is shaken up significantly. "Housing ...

Housing finance expected to have risen in August

AAP  |  THURSDAY, 9 OCT 2003
... encouraging buyers and investors into the housing market. Most economists expect a rise of around 1.5 per cent in Australian housing finance in August. The Australian Bureau of Statistics publishes the data tomorrow at 1130 AEST. Housing finance by volume ...

RBA expected to hold rates, but hikes will come

... But HSBC chief economist John Edwards said a surprise rate hike would act as a cold shower for the overheated Australian housing market. "Central banks more and more are recognising that a lot of the value (of an interest rate hike) is in the announcement ...

Median forecast for housing finance by volume predicts flat outcome

... The number of home loan approvals has remained steady at record levels in July while the median forecast for Australian housing finance by volume is for a flat outcome but predictions range from a 3.5 per cent rise to a 2% fall. Commonwealth Bank's senior ...

S&P predicts investment grade status for NBFI sector

WITH AAP  |  MONDAY, 8 SEP 2003
... good asset quality within the sector. Mr Bennett said following a period of rapidly escalating prices in the Australian housing sector, commensurate with rising private sector indebtedness, asset quality within the NBFI sector is expected to deteriorate ...

Australian housing less affordable during March quarter

The rising cost of housing is still driving affordability down across the country, according to the AMP Banking/REIA Home Loan Affordability Indicator, released today. The exceptions were NSW and Victoria, where home loan affordability rose by 3.0 per ...

Refinancing of existing housing loans hits record high: ABS

... Australian Bureau of Statistics (ABS) figures released today on housing finance showed a record 28.4 per cent of all Australian housing finance approvals in April were for the purpose of refinancing an existing loan. The average loan value was $176,900 ...
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