Good quarterly results for Queensland were recorded according to the Real Estate Institute of Queensland [REIQ] research with Queensland's property market is performing well.......
According to the latest figures from the Australian Bureau of Statistics [ABS] Total value of dwelling finance commitments excluding alterations and additions decreased 7.4%. Owner occupied housing commitments decreased 7.......
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.......