 No Need for Reserve Bank to Raise Rates
Suggestions that the Reserve Bank should raise official interest rates based on the March quarter inflation figures are frivolous and fail to consider the affect on mortgagees, the Housing Industry Association said today.
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Building Trade Availability Stuck In the Red
Despite a slowdown in the leading indicators of housing activity, the availability of key home building and renovation trades remains stuck in the red.
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New Home Sales Rise Further In March
New Home Sales continued their recovery in March, providing further evidence that the slowdown in spending on new housing will likely be drawing to a close in late 2006. Unfortunately that story goes out the window if you throw an interest rate rise into the mix as that would snuff out any recovery in lead housing indicators.
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Tax on Housing How Much Is Enough
Despite a nationwide slowdown in the property market, governments continue to gouge more and more revenue from residential property.
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Extension Of 5 Star Exemption For Timber-Floor Houses
The transitional 5-Star provisions for new houses with timber-floor construction will be extended until 30 April 2007, the Minister for Planning, Rob Hulls, announced today.
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New Home Sales Rise Further In March
New Home Sales continued their recovery in March, providing further evidence that the slowdown in spending on new housing will likely be drawing to a close in late 2006. Unfortunately that story goes out the window if you throw an interest rate rise into the mix as that would snuff out any recovery in lead housing indicators.
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Overwhelming Support for 5 Star Homes
A Victorian Government survey has found almost 90 per cent of householders living in a
5 Star home for 12 months or more would definitely recommend a 5 Star energy rated
home to others.
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