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Prices, sales fall as gloom continues
THE property gloom continues with auction clearance down and prices suffering the worst fall in 25 years in one capital city.
Source: The Daily Telegraph 23/11/2008
Cheap rentals may be on the way
LOW to moderate income earners could move into more affordable housing within weeks under a scheme agreed to by Parliament.
Source: AAP 24/11/2008
No-deposit loans dead as banks get tough
HOMEBUYERS will find it hard to get no-deposit loans as banks tighten lending standards in the wake of the credit crisis.
Source: NEWS.com.au 18/11/2008
House prices won't crash, says RBA
AUSTRALIA'S house prices will soften but should not crash because of the world economic crisis, Reserve Bank governor Glenn Stevens says.
Source: AAP 20/11/2008
First home buyers 'faking contracts'
SOME first home buyers are changing the date of existing contracts so they qualify for the latest lucrative Federal Government grants.
Source: Herald Sun 14/11/2008