Phew! Victoria saves the day! (HIA/Zappone nonsense)
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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Remember to stress the word “new” when reading the latest example of selective stat quoting from Zappone.
Something is amiss Downunder
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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Doublespeak Christopher Joye – Style: Business Spectator
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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Christopher Joye reckons the apparent faltering of the housing bubble is in fact a “long-anticipated cooling” … but if it really is the case that everyone “knew” house prices were set to ease, why did so many people rush to out-bid one another last year?
Experts warn surge in number of properties for sale could force house prices down
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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Could this be the start of the implosion? Please RBA, raise rates now!
Inflation gauge rises above Reserve Bank’s 2-3pc target range
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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Now is the time, RBA, to raise rates. Record house lisings in Melbourne as the ponzi scheeme nears the end game and the greedy get out, plus a rate rise or so might mean a softer landing now c/f if you wait longer.
Flood of Property Listings to Hit Melbourne Market
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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Bring it on.
Prices May Drop (in some areas), but Only Temporarily: APM
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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Even APM can’t put a positive on the latest clearance rates. Shame on the RBA for those punitive rate hikes.
Melbourne auction clearance rate
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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last weekend dropped to 67%, prices still absurdly high…
Darwin property more expensive than New York and London
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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The reason for this is?…
China housing market a bubble; gov’t policies able to reduce potential damage: economist
Posted by admin | Posted in Australian Housing & Economy | Posted on 31-05-2010-05-2008
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If the Chinese Govt can see the socio-economic problems a housing bubble causes AND do something about it, why can’t the RBA do the same here? “The nationwide average ratio of housing price to household income in China was 9.1 in 2009, compared with 4.74 for the UK and 3.09 for the US, said Yao, citing statistics from a research on China’s property market”.