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flag Which bank will blink first and raise mortgage rates?

Categories: news
Added: Tue 07 of Sep, 2010 Last updated: Tue 07 of Sep, 2010 Hits: 146
flag Reach for the sky! Sneaky rule change targets high density living

Categories: news
Added: Tue 07 of Sep, 2010 Last updated: Tue 07 of Sep, 2010 Hits: 303
flag Chris Zappone gives the already dying horse a good solid kick

Categories: news
Added: Tue 07 of Sep, 2010 Last updated: Tue 07 of Sep, 2010 Hits: 398
flag Missing: spring investors
Missing: spring investors
Categories: news
Added: Tue 07 of Sep, 2010 Last updated: Tue 07 of Sep, 2010 Hits: 385
flag House prices a risk to 'AAA' rating, not politics: S&P
The headline says it all, 'cause the rest of the article says nothing about 'house prices' - very wierd.
Categories: news
Added: Mon 06 of Sep, 2010 Last updated: Mon 06 of Sep, 2010 Hits: 427
flag Getting on the housing ladder takes priority over everything, understood?

Categories: news
Added: Mon 06 of Sep, 2010 Last updated: Mon 06 of Sep, 2010 Hits: 470
flag Our overleveraged borrowers have a little bit of international competition

Categories: news
Added: Mon 06 of Sep, 2010 Last updated: Mon 06 of Sep, 2010 Hits: 595
flag The Election, the weather and Melbourne football will all have an effect on Property Price growth this year.

Categories: news
Added: Mon 06 of Sep, 2010 Last updated: Mon 06 of Sep, 2010 Hits: 351
flag Savings take a dive as consumers spend up (and try to meet mortgage payments)

Categories: news
Added: Sun 05 of Sep, 2010 Last updated: Sun 05 of Sep, 2010 Hits: 504
flag Vale those killed in battle

Categories: news
Added: Sun 05 of Sep, 2010 Last updated: Sun 05 of Sep, 2010 Hits: 460
flag Real estate golden goose takes flight
Queensland real estate agents are struggling to make ends meet in the current property climate, slashing staff, costs and even closing their doors for good.
Categories: news
Added: Sun 05 of Sep, 2010 Last updated: Sun 05 of Sep, 2010 Hits: 589
flag A recipe for disaster
Buying a house without a solid savings strategy is a dumb idea.
Categories: news
Added: Sat 04 of Sep, 2010 Last updated: Sat 04 of Sep, 2010 Hits: 604
flag Housing industry's missing persons reports pure fiction: news.com.au

Categories: news
Added: Sat 04 of Sep, 2010 Last updated: Sat 04 of Sep, 2010 Hits: 536
flag Don't bet the house on a property price bubble bursting - typical spruik, nothing new here

Categories: news
Added: Sat 04 of Sep, 2010 Last updated: Sat 04 of Sep, 2010 Hits: 352
flag Interest rate rises: question is when, not if
Interest rate rises: question is when, not if
Categories: news
Added: Sat 04 of Sep, 2010 Last updated: Sat 04 of Sep, 2010 Hits: 290
flag Irish House is now Affordable.

Categories: news
Added: Fri 03 of Sep, 2010 Last updated: Fri 03 of Sep, 2010 Hits: 480
flag OK, repeat after me. SUB.. PRIME. Subprime. You got it!

Categories: news
Added: Thu 02 of Sep, 2010 Last updated: Thu 02 of Sep, 2010 Hits: 653
flag rent - $10,000 a month, flies - free
Mining town dearer than Manhattan

Categories: news
Added: Thu 02 of Sep, 2010 Last updated: Thu 02 of Sep, 2010 Hits: 514
flag High mortgage debt a danger in a downturn: house prices
It's good night Irene! MS is concerned the ratio of average house prices to average incomes has risen too far: that ratio increased along a steady path between 1960 and 2000, taking it from 180 per cent to 300 per cent. It's since jumped to 500 per cent, with the result that average house prices are now about 35 per cent above their long-term trend. MS adds: "Much of the discussion on the residential market concentrates on owner-occupiers. But property owners represent a significantly larger risk if they become widespread sellers of their loss-making investments."
Categories: news
Added: Wed 01 of Sep, 2010 Last updated: Wed 01 of Sep, 2010 Hits: 564
flag Scratch below the surface of GDP figures.... (and you'll find Australia's old friend debt!)

Categories: news
Added: Wed 01 of Sep, 2010 Last updated: Wed 01 of Sep, 2010 Hits: 557
flag Time to rethink Home Ownership

Categories: news
Added: Wed 01 of Sep, 2010 Last updated: Wed 01 of Sep, 2010 Hits: 643
flag REIQ admit weak property market
Now we just need some more interest rate rises.
Categories: news
Added: Tue 31 of Aug, 2010 Last updated: Tue 31 of Aug, 2010 Hits: 502
flag Overseas lenders demand higher risk premiums due to housing risks
Housing market worries make bonds a harder sell
Categories: news
Added: Tue 31 of Aug, 2010 Last updated: Tue 31 of Aug, 2010 Hits: 438
flag Perth and Brisbane fall again in July
Perth and Brisbane fall again in July
Categories: news
Added: Tue 31 of Aug, 2010 Last updated: Tue 31 of Aug, 2010 Hits: 411
flag Very Selfish Voters may hurt House Prices

Categories: news
Added: Tue 31 of Aug, 2010 Last updated: Tue 31 of Aug, 2010 Hits: 582
flag RBA says Poor risk assessment 'led to global financial crisis'

Categories: news
Added: Mon 30 of Aug, 2010 Last updated: Mon 30 of Aug, 2010 Hits: 260
flag And now for the example of poor risk assessment (but the RBA says our lenders are prudent ;-))

Categories: news
Added: Mon 30 of Aug, 2010 Last updated: Mon 30 of Aug, 2010 Hits: 334
flag Bloom for buyers , gloom for sellers (Will you take the bait?)
Bloom for buyers , gloom for sellers (Will you take the bait?)
Categories: news
Added: Mon 30 of Aug, 2010 Last updated: Mon 30 of Aug, 2010 Hits: 610
flag Home sales slump third month in a row

Categories: news
Added: Mon 30 of Aug, 2010 Last updated: Mon 30 of Aug, 2010 Hits: 508
flag Striking similarities between Great Depression & today (USA)

Categories: news
Added: Sun 29 of Aug, 2010 Last updated: Sun 29 of Aug, 2010 Hits: 584
flag Albus Dumbledore for our next PM
'Latham effect' has thousands blanking out
Categories: news
Added: Sun 29 of Aug, 2010 Last updated: Sun 29 of Aug, 2010 Hits: 408
flag More evidence of banks RE risk aversion
More evidence of banks RE risk aversion
Categories: news
Added: Sat 28 of Aug, 2010 Last updated: Sat 28 of Aug, 2010 Hits: 619
flag Massive building in Melbourne (and they still try to turn it into a spruik!)

Categories: news
Added: Fri 27 of Aug, 2010 Last updated: Fri 27 of Aug, 2010 Hits: 512
flag Master Builders show fall
Latest building approvals cast doubt on residential building upturn, commercial building weakens as stimulus fades


03 Aug 2010

Another fall in dwelling approvals in June is further evidence of a faltering residential building upturn, and notwithstanding a monthly rise, there has been a big decline in non-residential building approvals as the boost from the Government’s economic stimulus ends, according to Master Builders Australia, the peak body for the building and construction industry.
Mr Peter Jones, Chief Economist, said “The good news is that a recovery in approvals of units and apartments may be gaining momentum as investor-driven activity finally begins to shake off lingering effects of the credit squeeze.”
He said, “The bad news is that total dwelling approvals are running at an annualised rate of around 160,000, forty per cent below what is required to make inroads into Australia’s massive supply shortage.”
“Government programs like the BER prevented a total collapse in commercial or non-residential building activity, but the spike in approvals has now reversed, shrinking to around $20 billion in annualised terms, a decline in the order of 40 per cent from levels achieved in 2008.”
“Private sector commercial building activity remains weak, and Master Builders’ recent national survey reveals that the industry is becoming increasingly concerned about prospects.”
He said “A period of interest rate stability from the Reserve Bank is critical, not only to ensure a sustainable upswing in residential building, but in order to safeguard against any further ratchet down in non-residential building activity.”
• The total number of dwelling units approved, seasonally adjusted, fell by 3.3 per cent to 13,267 in June, to be up by 13.2. per cent on the same month in the previous year.
• Private sector house approvals fell by 2.5 per cent to 8,620 to be up 0.5 per cent on the same month last year.
• The more volatile private sector ‘other dwellings’ (apartments and townhouses), rose by 2.7 per cent in June to be up 57.6 per cent on June 2009.
• The value of non-residential building approvals, seasonally adjusted, rose by 4.4 per cent in June to be 39.8 per cent down on June 2009.




Copyright © 2010 Master Builders Australia Limited






Categories: news
Added: Wed 25 of Aug, 2010 Last updated: Wed 25 of Aug, 2010 Hits: 550
flag New Delhi battles housing shortage
Video: Think Oz has a housing shortage (we all know that's BS)? THIS is a housing shortage!
Categories: news
Added: Wed 25 of Aug, 2010 Last updated: Wed 25 of Aug, 2010 Hits: 286
flag Sales of existing homes in the US plummeted 27 per cent in July

Categories: news
Added: Wed 25 of Aug, 2010 Last updated: Wed 25 of Aug, 2010 Hits: 184
flag Spring property market seen delayed by political stalemate (Voting buttons people!!)

Categories: news
Added: Wed 25 of Aug, 2010 Last updated: Wed 25 of Aug, 2010 Hits: 481
flag Video: US Home Sales hit 15 - Year Low
The slump in new home sales is worse than anticipated and comes right after government stimulus dropped away.
Edit: gotta love the RAMS ad at the beginning, sigh!
Categories: news
Added: Tue 24 of Aug, 2010 Last updated: Wed 25 of Aug, 2010 Hits: 142
flag The much talked about Chinese bubble

Categories: news
Added: Tue 24 of Aug, 2010 Last updated: Tue 24 of Aug, 2010 Hits: 602
flag Property investors, ignore investment criteria at your peril
Anyone who has bought a home over the last decade, says Oliver, has done so during a time when housing has generally been expensive according to long-term trends...At present, prices are about 30 per cent above the long-term trend, says Oliver, indicating people have been buying during an expensive period.
Categories: news
Added: Tue 24 of Aug, 2010 Last updated: Tue 24 of Aug, 2010 Hits: 481
flag The sorry state of property journalism - a Canadian view
"I mean, how many real estate-pumping stories have you seen on Global or CityTV over the past year, with the interviewed ‘experts’ being people who immediately benefit from the coverage?"
Categories: news
Added: Tue 24 of Aug, 2010 Last updated: Tue 24 of Aug, 2010 Hits: 393
flag Shamed and dishonourable Irish journalists mislead investors (Australian journalists would never do that)

Categories: news
Added: Tue 24 of Aug, 2010 Last updated: Tue 24 of Aug, 2010 Hits: 421
flag Housing Fades as a Means to Build Wealth, Analysts Say (U.S.)

Categories: news
Added: Mon 23 of Aug, 2010 Last updated: Mon 23 of Aug, 2010 Hits: 373
flag You CANNOT be serious

Categories: news
Added: Mon 23 of Aug, 2010 Last updated: Mon 23 of Aug, 2010 Hits: 804
flag Rates to rise ourside Reserve Bank cycle...soon

Categories: news
Added: Mon 23 of Aug, 2010 Last updated: Mon 23 of Aug, 2010 Hits: 444
flag Home Repossessions on the decline

Categories: news
Added: Mon 23 of Aug, 2010 Last updated: Mon 23 of Aug, 2010 Hits: 292
flag Strong auction results taking into account election weekend

Categories: news
Added: Mon 23 of Aug, 2010 Last updated: Mon 23 of Aug, 2010 Hits: 212
flag Property bargains on the rise
Property bargains on the rise
Categories: news
Added: Mon 23 of Aug, 2010 Last updated: Mon 23 of Aug, 2010 Hits: 551
flag Shift in demand opens new doors
Shift in demand opens new doors
Categories: news
Added: Mon 23 of Aug, 2010 Last updated: Mon 23 of Aug, 2010 Hits: 383
flag In Georgia, a Megamansion Is Finally Sold

Categories: news
Added: Sun 22 of Aug, 2010 Last updated: Sun 22 of Aug, 2010 Hits: 390
flag Highest number of informal votes in at least the last six federal elections

Categories: news
Added: Sun 22 of Aug, 2010 Last updated: Sun 22 of Aug, 2010 Hits: 321
flag How ageing hurts house prices

Categories: news
Added: Sat 21 of Aug, 2010 Last updated: Sat 21 of Aug, 2010 Hits: 503
flag New Zealand Falling prices paralyse investment in property

Categories: news
Added: Fri 20 of Aug, 2010 Last updated: Fri 20 of Aug, 2010 Hits: 657
flag Local property investors have become "Ponzi borrowers"

Categories: news
Added: Fri 20 of Aug, 2010 Last updated: Fri 20 of Aug, 2010 Hits: 632
flag Oversupply of house price mistake comparison reports leads to heavy discounting!

Categories: news
Added: Thu 19 of Aug, 2010 Last updated: Thu 19 of Aug, 2010 Hits: 729
flag Flood of house listings in Queensland

Categories: news
Added: Thu 19 of Aug, 2010 Last updated: Thu 19 of Aug, 2010 Hits: 707
flag Housing Shortage Alert from the usual suspects

Categories: news
Added: Thu 19 of Aug, 2010 Last updated: Thu 19 of Aug, 2010 Hits: 394
flag Australia - living in a bubble

Categories: news
Added: Thu 19 of Aug, 2010 Last updated: Thu 19 of Aug, 2010 Hits: 813
flag Vote below the line
Use this free online tool to sort out all the options for the senate paper in your state and create your own personal how to vote card. While you're at it, take the opportunity to research the options that you've never heard of.
Categories: news
Added: Wed 18 of Aug, 2010 Last updated: Wed 18 of Aug, 2010 Hits: 457
flag If Labor is re-elected, it will be on Green preferences

Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 390
flag the spruikers are getting really desperate.
the spruikers are getting really desperate.
Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 722
flag Top 10 monster bubbles and Australia figures prominently
Top 10 monster bubbles and Australia figures prominently
Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 701
flag SAXO Bank Warns Of Australian, Canadian, Norwegian And Sweden Housing Bubbles
SAXO Bank Warns Of Australian, Canadian, Norwegian And Sweden Housing Bubbles


Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 551
flag Banks to either cut mortgage lending or pass through additional funding costs: BusinessSpectator

Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 377
flag Morgan Stanley analyst bearish on housing market
Morgan Stanley analyst bearish on housing market
Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 613
flag Gerard Minack updates report: Aus housing a "very poor investment"

Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 544
flag Canadian real estate bubble officially pops

Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 618
flag Front Page News Rents are up if you can find a Place?

Categories: news
Added: Tue 17 of Aug, 2010 Last updated: Tue 17 of Aug, 2010 Hits: 317
flag Home buyers should wait until Spring (2012)

Categories: news
Added: Mon 16 of Aug, 2010 Last updated: Mon 16 of Aug, 2010 Hits: 725
flag Pedlars of house price optimism off the mark: It's different here. SMH

Categories: news
Added: Sun 15 of Aug, 2010 Last updated: Sun 15 of Aug, 2010 Hits: 647
flag Spring Sale on Now

Categories: news
Added: Fri 13 of Aug, 2010 Last updated: Fri 13 of Aug, 2010 Hits: 846
flag Perhaps giving credit to housing loans instead of small business is having an effect....
Shock rise in unemployment
Categories: news
Added: Thu 12 of Aug, 2010 Last updated: Thu 12 of Aug, 2010 Hits: 711
flag 'Buy and bail' homeowners get past loan hurdles

Categories: news
Added: Wed 11 of Aug, 2010 Last updated: Wed 11 of Aug, 2010 Hits: 717
flag Forever Blowing Bubbles

Categories: news
Added: Wed 11 of Aug, 2010 Last updated: Wed 11 of Aug, 2010 Hits: 633
flag What's this? Rents aren't going through the roof now that FHB have dropped out of the market? Sacrilege!

Categories: news
Added: Wed 11 of Aug, 2010 Last updated: Wed 11 of Aug, 2010 Hits: 630
flag We now have supply outstripping demand - Sacrilege!
We now have supply outstripping demand - Sacrilege!
Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 662
flag Did You Remember to Sell Your House Today? Prosper Australia

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 630
flag Agents find room for gloom

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 554
flag The pace of home sales slowing in Melbourne

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 307
flag Clearance rates cooling from autumn peak

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 238
flag What is an acceptable offer?

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 383
flag Weak month doesn't equal a lacklustre quarter

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 191
flag Property price plunge for Perth

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 373
flag Propping the property bubble - communist style

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 306
flag UK mortgage approvals decline - house prices follow

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 174
flag Tax avoidance for noobs

Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 281
flag Housing Shortage Alert!
Housing Shortage Alert!...
Categories: news
Added: Tue 10 of Aug, 2010 Last updated: Tue 10 of Aug, 2010 Hits: 277
flag Stiglitz says high house prices cause for concern
Stiglitz says high house prices cause for concern
Categories: news
Added: Mon 09 of Aug, 2010 Last updated: Mon 09 of Aug, 2010 Hits: 602
flag More warnings on housing bubble: SMH (be sure to enjoy the ad for RAMS NINJA loans before the report too)

Categories: news
Added: Mon 09 of Aug, 2010 Last updated: Mon 09 of Aug, 2010 Hits: 667
flag Home loan approvals weakest since 2001
The number of home loans taken out by owner-occupiers in June slid 3.9 per cent compared to previous month.
Categories: news
Added: Mon 09 of Aug, 2010 Last updated: Mon 09 of Aug, 2010 Hits: 336
flag Home loans fall as market softens

Categories: news
Added: Mon 09 of Aug, 2010 Last updated: Mon 09 of Aug, 2010 Hits: 279
flag Home Loans continue fall.
Home Loans continue fall.
Categories: news
Added: Mon 09 of Aug, 2010 Last updated: Mon 09 of Aug, 2010 Hits: 356
flag Quiet recession: consumers forced into generics

Categories: news
Added: Sun 08 of Aug, 2010 Last updated: Sun 08 of Aug, 2010 Hits: 525
flag PM promises affordable Darwin homes

Categories: news
Added: Sun 08 of Aug, 2010 Last updated: Sun 08 of Aug, 2010 Hits: 250
flag Where to find affordable property in Sydney (answer: nowhere)

Categories: news
Added: Sat 07 of Aug, 2010 Last updated: Sat 07 of Aug, 2010 Hits: 469
flag Huge and unsustainable expansion of housing and consumption supported by increasing bank debt.

Categories: news
Added: Fri 06 of Aug, 2010 Last updated: Fri 06 of Aug, 2010 Hits: 713
flag all around the world
All around the world
Categories: news
Added: Fri 06 of Aug, 2010 Last updated: Fri 06 of Aug, 2010 Hits: 548

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