Australia & New Zealand Housing Market Downturn News

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Australian Market Report of December 8: Weighed by Weaker Commodities 7 Dec 2009 23:40 GMT
... led by resources stocks, as commodities prices dropped on a sharp rise in US dollar. ... Economic Facts and Figures The Australian Industry Group/Housing Industry Association Performance of Construction Index (PCI) ... the recent low in July, although still down 34.2 per cent from November 2008. ANZ ...
Rural property listings grow 7 Dec 2009 18:57 GMT
... Housing prices in Wellington, Auckland and Christchurch are ... listings, according to the latest New Zealand Property Report. In contrast, rural New Zealand has slower sales nationwide. The listings inventory in areas outside ...
Yuletide rush on homes 7 Dec 2009 02:14 GMT
... secure houses before Christmas. Sydney clearances were down by 2.3 per cent to a still ... as many months - is expected to slow booming real estate sales in the new ... by about 1700 people a week, meant housing demand would continue to outstrip supply. Jellis ...
Residential building work slumps 7 Dec 2009 23:46 GMT
... The volume of residential building work has slumped almost 40 per cent in two years ... reported increases in the number of new housing consents issued. The increases were not reflected ... work put in place was $11,106 million, down 15.9 per cent from the previous year. ...
Australian Market Drifts Lower After Positive Start 7 Dec 2009 02:32 GMT
... to 4,723.1 in opening trades, is currently down 19.2 points or 0.4% at 4,683. The ... construction industry contracted in November as a drop in the building of flats and falls ... work constrained the sector. The Australian Industry Group-Housing Industry Association Performance of Construction Index shrank ...
House building plummets 40pc in two years 7 Dec 2009 22:53 GMT
... reported increases in the number of new housing consents issued. The seasonally adjusted volume of ... work put in place was $11,106 million, down 15.9 per cent from the previous year. The ... fall in new dwellings. Hospitals and nursing homes was the largest contributor to the 0.8 ...
Construction dip highlights 'fragile' conditions 7 Dec 2009 00:10 GMT
... Janda) Activity in Australia's construction industry has slumped, with fewer new orders and a fall ... in November. The Australian Industry Group - Housing Industry Association Performance of Construction Index fell ... the rate of improvement appears to have slowed over the past two months due to ...
Australian construction activity shrinks 7 Dec 2009 00:10 GMT
... a survey shows. The Australian Industry Group (AI)/Housing Industry Association Performance of Construction Index (PCI) ... the rate of improvement appears to have slowed over the past two months due to ... at a slower pace, with the sub-index down 0.1 point to 51.1. Housing Industry Association ...
Construction activity drops in November 7 Dec 2009 00:10 GMT
... House building grew for the fifth consecutive month in November, however, although at a slower pace, with the sub-index down 0.1 point to 51.1. Housing Industry Association senior economist, Ben Phillips, said the new housing market was treading water ...
Statistics: Construction activity drops in November 7 Dec 2009 02:16 GMT
... House building grew for the fifth consecutive month in November, however, although at a slower pace, with the sub-index down 0.1 point to 51.1. Housing Industry Association senior economist, Ben Phillips, said the new housing market was treading water ...
Australia construction activity contracts in Nov 7 Dec 2009 02:32 GMT
... firms by Australia Industry Group and the Housing Industry Association found tight credit conditions and ... he added. The index of new orders dipped 2.4 points to 45.6, mainly due to ... 7.3 points to 47.4, pointing to a slower pace of contraction, while the measure of ...
Delays prompt new housing deal 7 Dec 2009 14:57 GMT
... Federal Government is redrawing its remote indigenous housing policy to allay concerns that it is ... ''more competitive''. They acknowledged that concerns about slow progress in dealing with the ''shocking levels of ... want to reduce the incidence of remote homelessness - by 30 per cent by 2013 ...
Australian construction sector activity drops 3.3 points in November 7 Dec 2009 13:51 GMT
... Australian construction sector activity drops 3.3 points in November Monday, December 7, ... in November as a drop in the building of flats and falls in engineering and ... survey shows. The Australian Industry Group (AI) Housing Industry Association Performance of Construction Index (PCI) ...
Rising Demand for Workers a Vote of Confidence in Recovery 7 Dec 2009 10:57 GMT
... imply that Australia's recovery from the recent downturn is gathering pace." Newspaper job ads surged ... in employment. The Australian Industry Group (Ai Group)-Housing Industry Association (HIA) performance of construction index ... the rate of improvement appeared to have slowed over the past two months due to ...
Rising worker demand vote of confidence in recovery 7 Dec 2009 22:57 GMT
... imply that Australia's recovery from the recent downturn is gathering pace." Newspaper job ads surged ... in employment. The Australian Industry Group (Ai Group)-Housing Industry Association (HIA) performance of construction index ... the rate of improvement appeared to have slowed over the past two months due to ...

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Pictures of the Day

reuters.com:
Quarter in U.S. Foreclosure Plan Late on Payments
United States Foreclosures News

news.com.au:
Yuletide Rush on Homes in Melbourne and Sydney
Australia Real Estate News

nzherald.co.nz:
New Zealand: House Values Climb But Many Vendors Choose to Stay Put
New Zealand Real Estate News

thisismoney.co.uk:
Could You Still Cash in on Your Home?
Equity Release News

timesonline.co.uk:
Wish You Weren't Here
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telegraph.co.uk:
Beauty - But at What Price?
UK Real Estate News

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Buying and Selling News

Ireland - Lakeside Home with Private Marina for Sale [07 Dec 2009 - 23:10]
C.A.R. Reports October Home Sales Increased 1%; Median Home Price Declined 3.2% [07 Dec 2009 - 23:08]
A little too late for me, Treasury to help streamline real estate short sales [07 Dec 2009 - 23:06]
Big Island sees 66% surge in home sales [07 Dec 2009 - 23:01]
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Housing Market News

foreclosure, business capital, canada [07 Dec 2009 - 23:55]
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C.A.R. Reports October Home Sales Increased 1%; Median Home Price Declined 3.2% [07 Dec 2009 - 23:08]
Kauai home sales soar as prices drop [07 Dec 2009 - 23:01]

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Institutions News

Buyers Protection completes acquisition of 2 LandAmerica units [07 Dec 2009 - 23:57]
Federal Housing Administration's condo financing rules already scuttling projects [07 Dec 2009 - 23:35]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]
Buyers Protection Group in LandAmerica deal [07 Dec 2009 - 16:37]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [07 Dec 2009 - 10:16]

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Mortgage Lenders News

Bank of America says it modified 600,000 mortgages since January 2008 [07 Dec 2009 - 20:10]
Bank of America says 600,000 mortgages modified [07 Dec 2009 - 20:07]
Freddie Mac, FHLB, Fannie Mae 2009, 2010 note calendar [07 Dec 2009 - 16:42]
Freddie Mac bill sale: rates rise, demand stronger [07 Dec 2009 - 16:40]
Fannie Mae to sell $4 billion bills on Wednesday [07 Dec 2009 - 15:44]

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Property Developers News

Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]
Bellway warns housing market remains weak [05 Dec 2009 - 10:14]
Builder Bellway finding it tough in the North [05 Dec 2009 - 07:31]
Bellway blames dull sales on lending dearth [05 Dec 2009 - 04:30]
Bellway optimistic as reservations soar [05 Dec 2009 - 01:34]

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Real Estate Brokers News

Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]
Coldwell Banker Residential Brokerage Agent Named South Bay Chinese Women Association's Businesswoman of the Year [07 Dec 2009 - 20:11]
Eddie Sharp Racing's Justin Lofton Earns 2009 ARCA RE/MAX Series Championship: Honored at Championship Awards Banquet [07 Dec 2009 - 15:41]
RedFin Network Launches New Website [07 Dec 2009 - 06:50]
Liniger created unique real estate model with Re/Max [07 Dec 2009 - 06:32]

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Real Estate Financing News

Difference between Second Mortgage and Home Equity Loan [07 Dec 2009 - 22:14]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust [07 Dec 2009 - 21:29]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust (CNW) [07 Dec 2009 - 21:28]
SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse [07 Dec 2009 - 21:02]
Low Mortgage Rates Lead Many to Consider Refinancing [07 Dec 2009 - 21:00]

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Real Estate Miscellaneous News

Weak Real Estate Market Has Many Paying Less Property Tax This Year [07 Dec 2009 - 23:32]
Court Upholds Sentence In Mortgage Fraud [07 Dec 2009 - 23:05]
Appeals Court Upholds Sentence in Mortgage Fraud [07 Dec 2009 - 21:26]
Mortgage execs face fraud charges [07 Dec 2009 - 21:10]
Columbus man pleads guilty to role in mortgage fraud scheme [07 Dec 2009 - 20:59]

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