Australian Property Updates

Property Information & Real Estate Updates

Daily Archives: 02/08/2011

Building approvals are down and house prices keep falling

According to statistics from HIA, new home sales have seen their biggest monthly decline in five years, whereas home prices overall are continuing to come down. First Home buyers who were previously very active in the purchase of new homes are deserting the market, with investors being the main purchasers of housing today. The new lending rules introduced through the ...

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