Interest rate rises, mining taxes and general winter gloom have seen the market cool

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Top-end sellers await end of winter’s chill
September 3, 2010
Australian real estate news
Interest rate rises, mining taxes and general winter gloom have seen the market cool

The rest is here:
Top-end sellers await end of winter’s chill
Housing finance figures are starting to stabilise after a soft beating from interest rate rises over the past nine months, according to the Australian Bureau of Statistics (ABS).
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Housing finance figures stabilise
LENDERS tighten the screws by lifting the size of rate rises customers must show they can handle.
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Borrowers face tougher mortgage test
THE Reserve Bank of Australia’s rate rises have pricked the boom in housing prices and have also sent lending to businesses skidding into reverse.

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Rate rises subdue housing boom
Perth dwelling prices dropped 0.9 per cent in April as a string of Reserve Bank interest rate increases started to affect confidence among buyers in several markets, according to figures released today.
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AUCTION clearance rates drop by more than 10 per cent as rate rises bit homebuyers’ hip pockets.

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Buyers spooked as rate rise bites
MORTGAGE demand slides, suggesting interest rate rises are already starting to bite.

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Demand for mortgages continues to slump
PROPERTY prices are continuing their march upwards, unaffected by five interest rate rises, economists say.
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Property prices up despite rate hikes
Experts says housing market can withstand more rate rises Smart Company (blog) David Airey, president of the Real Estate Industry of Australia, says the market still has some time to go before any significant drop in demand or mortgage …
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Experts says housing market can withstand more rate rises – Smart Company (blog)
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