Tags » Rp Data

25 July 2015 (AFR) - Percect storm hits, Funding timebomb set, for property investors

(25 July 2015, AFR, p1, by Duncan Hughes and Clancy Yeates)

‘Mortgage brokers and some property developers are concerned investors could struggle to find finance for the remaining 90 per cent of purchase prices as banks are suddenly toughening up lending criteria.’ 95 more words

1.Market Observations

6 July 2015 (AFR) - Signs of a slowdown but Sydney market still strong

(6 July 2015, AFR, p3, by Michael Bleby )

‘Smaller auction numbers pushed Sydney clearance rates higher in the first week of the new financial year, CoreLogic RP Data figures show.  47 more words

1.Market Observations

23 June 2015 (AFR) - Third of homes sold at twice their purchase price in major cities

(23 June 2015, AFR, p7, by Su-Lin Tan )

‘A third of all second-hand homes sold in the first three months of the year went for twice their purchase price while 10 per cent sold at a loss, a quarterly report by property research group, Corelogic RP Data has found.  54 more words

1.Market Observations

23 June 2015 (TheAge) - Housing juggernaut difficult to slow - bubble yields billions in profits

(23 June 2015, The Age, BusinessDay, p28, Elizabeth Knight, Business columnist)

‘We might be in the middle of a property bubble but convincing home owners and speculators of the risks won’t be easy, not after the first three months of this year, during which they booked profits of $13.8 billion. 51 more words

1.Market Observations

12 June 2015 (AFR) - Rents rose 1.5pc in year to May at slowest pace on record

(12 June 2015, AFR, p5, by Michael Bleby )

‘Weekly asking rents rose just 1.5 per cent in the year to May, the slowest pace on record, as an investor-driven increase in supply and falls in Perth, Darwin and Canberra pulled the national average lower. 47 more words

1.Market Observations

25 May 2015 (AFR) - Melbourne unit goes in blink, tops reserve - sells $60,000 above reserve in 3½ minutes

(25 May 2015, AFR, p33, by Mercedes Ruehl , Michael Bleby )

‘A Melbourne apartment has sold for $60,000 over its reserve in under four minutes during one of the city’s best auction weekends this year.  59 more words

1.Market Observations