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Sydney home building reaches 16-year high
Sydney home building has reached a 16-year high, but obstacles could still prevent “the Sydney economy from reaching its full potential over the long term”, a senior ...
ECONOMY • Thu, 06 Oct 2016
Consumer confidence remains ‘volatile’
Confidence fell by more than two per cent last week, but still remains “well above its long run average”, a new report has revealed.
Capital city listings rise
The number of residential property listings rose across capital cities during the month of September, with Sydney and Melbourne leading the country’s strongest property ...
ECONOMY • Wed, 05 Oct 2016
Three-quarters of parents still pay for adult children
Around 74 per cent of parents continue to provide financial support to their adult, working-aged children, despite financial handouts from parents “occurring to a lesser ...
City dwelling values increase while rental yields decrease
Capital city dwelling values rose by 2.9 per cent over the last three months, while rental yields have held at a “historic low”, a new report has revealed.
ECONOMY • Tue, 04 Oct 2016
Home sales make ‘partial recovery’ in August
Total new home sales mounted a partial recovery in August after a “rather hefty” fall in July, a new survey has found.
ECONOMY • Mon, 03 Oct 2016
Sydney house prices need to drop 25% for future affordability
A 25 per cent drop in Sydney house prices is required to bring the deposit as a share of annual income back to the 20-year average and allow first home buyers to enter ...
Increasing house value can expose owners to “economic shocks”
An increase in house value is associated with an increase in household debt among property owners, “exposing homeowners to economic shocks”, new research has found.
'Brighter days' ahead for non-residential construction
The non-residential side of the construction industry has been not “so cheery”, despite record levels of residential construction, but there are signs that levels could ...
ECONOMY • Sun, 02 Oct 2016
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