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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.......
A great majority of industry players anticipate increasing work for the construction industry over the ext 12 months.......
Housing affordability has hit a record low, with the latest HIA/Commonwealth Bank Housing Affordability Index falling to its lowest level since it was established in 1984.......
A record one in three new mortgages were sold to property investors in March 2007 as opposed to owner occupiers, according to figures published today by mortgage broker AFG.......
Short-term visitor arrivals are currently 4.5% higher than when the series last surveyed in July 2006 and 2.4% higher than in February 2006.......
Gold Coast Airport has hit an all-time high for the number of passengers handled through the airport in one month, welcoming 352,554 visitors in January 2007.......
Housing Industry Association (HIA) New Home Sales figures show that the sale of new homes and units among Australia's largest builders and developers has increased by 5.8 % in January to 7963 dwellings.......
Property development company CP1 Limited and joint venture partner the Raptis Group, have formed a special purpose vehicle, CIRA International Pty Ltd, to acquire the site of the Gold Coast International Hotel and northern adjacent land for $70 million.......