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Rate cuts boost homebuyer sentiment
Buyers in Australia are more confident about buying a house or apartment now than they were six months ago, according to the latest CBA/Mortgage and Finance Association of Australia Home Finance Index.
Builder confidence on the rise
Sentiment in the building industry is on the up and expected to be more positive over the next 12 months, according to The Citi Australian Residential Housing Survey – May 2012.
Housing bonds the solution for more rentals?
Australia’s National Housing Supply Council estimates up to 20,000 new affordable dwellings per year are required over the next 10 years to retain a healthy affordable housing, share and housing bonds for investors could be the solution to fund them, according to a report by the Australian Housing and Urban Research Institute.
Olympic Dam expansion under a cloud – perhaps
Property experts Terry Ryder of hotspotting.com.au and South Australian TAFE property adviser Peter Koulizos have shrugged off suggestions the Olympic Dam mine expansion won’t go ahead.