HomeMate.com.au

New home sales have slowed again in late December and early January in most States, and the housing market is off to a poor start in 2012 The Housing Industry Association [HIA], reports that house contracts sales have fallen in December 2011 and January 2012, a survey of Australia’s 100 largest builders shows a decline [...]

Will Australian house prices crash in 2013 as predicted by another US property guru? Many Australians’ belief in Real Estate as the best investment would be shocked that a US real estate expert is predicting Australia’s real estate prices could half over the next couple of years. Jordan Wirsz, a respected US real estate adviser  [...]

What is the best time to buy real estate in Queensland? Some say now the best time in a decade. The current slump in house values and sales in the Queensland housing market have created an attractive buying signal for investors, according to some in the real estate industry. QLD property is  at the bottom [...]

Is increasing land supply the real key to bring down house prices? Australia’s housing market is a key driver of the domestic Australian economy. This article attempts to shed light on the true cause of our high home prices and that over priced land is the the real cause of our our over priced homes. [...]

Home builders australia wide are doing it tough as home buyers shun high land prices. Land prices have hit the ridulous in Queensland, and this is where the pain for the construction industry is worst. There is no other reason but too higher land prices that I can see for people to stop wanting to [...]

First home buyers stop buying land. So who’s to blame? The home builder, the land developer or the Government? I have been warning for months that the price of land is too dear for first home buyers. And I was at least two years too late, because the Rudd Governments tripling of the First Home [...]

Australian Bureau of Statistics [ABS] show that the number of new dwelling being constructed fell by 5.3 per cent in the fourth quarter, 4 times worse than economists were expecting. Single dwelling new homes were hit hardest. So it was felt as lower construction loans with mortgage brokers and banks everywhere. But that does not explain the reason for the new home construction slide.
That was after a fall of 13 per cent in home construction of all types in the September quarter. Victoria and South Australia recorded the most significant falls, but Queensland is hurting more right now.