September 3, 2010

House prices fall as rates bite

THE first monthly fall in house prices in 17 months has signalled that aggressive RBA rate increases have successfully cooled the market.

Read more:
House prices fall as rates bite

Homeowners’ hopes high for no-change rates decision

Homeowners will closely watch the Reserve Bank’s decision today, with economists tipping no change to official interest rates, even as global markets weaken. A majority of economists polled by Bloomberg forecast the RBA would keep interest rates steady

Read the original here:
Homeowners’ hopes high for no-change rates decision

Banks under pressure to raise rates

DETERIORATING funding conditions for Australia’s banks will likely prompt rate hikes independent of any RBA move, a senior banker says.

Go here to see the original:
Banks under pressure to raise rates

House price growth slows in cities

GROWTH in house prices has slowed in recent months, sending a critical signal to the RBA that higher rates are hitting their target.

Read more:
House price growth slows in cities

Raine & Horne and PriceFinder nominate winter Sydney hot spots

The colder winter months are here, but Angus Raine, CEO of Raine & Horne, says with the RBA’s decision to leave interest rates on hold, there is still significant heat in select property pockets around Sydney.

Follow this link:
Raine & Horne and PriceFinder nominate winter Sydney hot spots

Stevens warns on house prices

The RBA governor spoke out against overconfidence in the markets yesterday.

Read more here:
Stevens warns on house prices

Real Estate Report – 08/03/10 – Finance News Network

Real Estate Report – 08/03/10 Finance News Network Mortgage repayments just got dearer. The big four banks were quick to lift their lending rates in line with the RBA's 25 basis point rise in the official …

More:
Real Estate Report – 08/03/10 – Finance News Network

‘Watch out in six months’ – WA today

'Watch out in six months' WA today Real Estate Institute of WA president Alan Bourke said the RBA might have to increase rates by up to 0.5 of a percentage point in the next six months if the …

Excerpt from:
‘Watch out in six months’ – WA today