September 3, 2010

New home sales slump as rates bite

AUSTRALIAN new home sales fell 7 per cent in July from June, the third consecutive monthly decline.

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New home sales slump as rates bite

Housing sales continue to fall – in QLD

LACK of land and high infrastructure charges blamed for fifth consecutive drop in new home sales.

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Housing sales continue to fall – in QLD

Supply of new homes still playing catch-up

An uptick in new home construction won’t be enough to ward off Australia’s housing shortage and a re-emerging affordability problem, Wakelin Property Advisory director Monique Wakelin says.

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Supply of new homes still playing catch-up