REAL ESTATE

Luxury suburbs drag house prices down

The significant interest rate hike in November last year has bitten, with Australian capital city dwelling values down 1.2 per cent in the three months to end April. Expensive suburbs have been the poorest performers in line with the share market.

5 Tips on Buying Property

Today’s market conditions favour property investors who are looking to benefit from ongoing seller discounting, healthy rental income growth and longer term capital gains. For those considering investing, here are hints and tips from Australia’s largest independently-owned mortgage broker Mortgage Choice:
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Americans hopeful but cautious on housing market, economic recovery

Americans expressed more cautious optimism during the first quarter of 2011 than in the fourth quarter of 2010, but they continue to lack confidence in the overall strength of the housing market and economic recovery, according to Fannie Mae's latest national housing survey.

Earthquake to spur Japan real estate boom

Amidst a recession, housing starts in Japan dipped below 1 million units in 2009 and 2010, the first time in four decades. Following an earthquake in March that killed thousands and destroyed more homes, Sekisui House Ltd. (1928), Japan's second-largest home builder, expects the biggest housing boom in 15 years, according to Bloomberg News.

Sydney housing shortage worsens

Urban taskforce CEO Aaron Gadiel is arguing that the latest data from the Australian Bureau of Statistics confirms that Sydney's housing shortfall is "running well short of government projections".

Australian city home prices decline

Australian capital city dwelling values fell by a seasonally adjusted 2.1 per cent in the first quarter of the year, according to the latest RP Data-Rismark Home Value Index.

Fastest way to crush credit card debt

Proposed new laws on credit cards will help limit the dangers of plastic, but for those already suffering from that dirty four-letter word known as 'debt', here are some tips to clear your balance quickly.

The dangers of interest only loans

An interest only loan can seem like a great idea at the time – but there are plenty of risks involved in buying a property with a loan that fails to pay off any principal.

How will Asian markets perform in the coming days?

Asian regional markets are mixed in the last hours of trading in Australia, Singapore, and Japan as investors kept a "wait and see" attitude and bearish sentiments spilled from European and U.S. markets.

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