The rise in housing this quarter was mainly due to increases in both rents (+1.6%) and house purchase (+1.0%). This is the largest quarterly rise in rents since September quarter 1989, when the rise was 2.1%.......
The number of owner occupied housing commitments in trend estimate terms increased by 13% to 15,600 in May 2007 compared with May 2006.......
The Australian Bureau of Statistics - ABS have just released these latest figures. The total value of dwelling commitments excluding alterations and additions (seasonally adjusted) increased 2.......
DEMAND for residential investment property is set to strengthen as seasoned investors who may have quit the market to take advantage of the superannuation contribution incentive are keen to return, a survey shows.......