Category: housing
Residential property market shows early signs of recovery with home loan approvals up in September
The national residential property market received some good news recently, with the Australian Bureau of Statistics’ release of its Housing Finance data for September 2011. These figures showed a lift in the number of home loans approved across the country over the month, which could potentially indicate a strengthening of the housing market. According to figures released by the ABS, September saw the total number of owner occupied housing commitments...Read complete post
Report identifies possible reforms to achieve housing solutions
There has been no shortage of attention paid to the continued residential housing supply and affordability concerns shared by many Australians over the past year. To this end, the independent body, the Grattan Institute, recently released a report that proposes reforms to potentially address the issues facing the national residential property market, largely focusing on planning at a community level. The Grattan Institute’s new report, Getting the housing...Read complete post