Australian Property Updates

Property Information & Real Estate Updates

Daily Archives: 28/06/2010

Housing construction to slow by mid 2011

THE recovery in building new homes is expected to stall in 2011, the peak residential construction body says. The Housing Industry Association’s (HIA) National Outlook for the March quarter says the recovery in new home building will cease in the middle of 2011. “It is not too late to turn the situation around through policies targeted at new home building ...

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Australia recorded the fourth-largest price increase – by Global Property Guide

According to the latest Global Property Guide, Australia recorded the fourth-largest price increase during the year to March beating many of the world’s best and biggest cities of 16.6 per cent. Most Asian and Pacific countries also outperformed their European counterparts this year, with Hong Kong, Singapore and Taiwan taking out the top three spots. Britain was ranked 10th, Switzerland ...

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