New research shows there's plenty of promise in Australia's residential construction sector, which will allow potential buyers to breathe a sigh of relief.
Snapping up a cheap home loan in order to buy off-the-plan property is something that buyers may do when entering the real estate game.
The Housing Industry Association (HIA) has reaffirmed the role of a strong housing industry in relation to the country's economy in a June 4 statement.
Auction clearance rates in Melbourne's middle-ring suburbs are as high as 97 percent in a trend the Real Estate Institute of Victoria (REIV) says reinforces the importance of location as a factor in successful property sales.
Buying property in rural Queensland just became a more attractive option thanks to $683 million in State Government subsidies to bring electricity costs into line with those of metropolitan centres.
The Reserve Bank of Australia (RBA) has elected to retain the low 2.5 per cent cash rate for another month, which will likely lead to further affordable home mortgages.
Master Builders Australia (MBA) has called for a confidence boost for home buyers and investors.
Queensland is gearing up for a strengthened construction industry, with the initial stage of the state government's ConstructionQ initiative commencing, according to Minister for Housing and Public Works, Tim Mander.
Cheap home loans are one factor contributing to improving affordability, according to the Housing Industry Association (HIA)-Commonwealth Bank Affordability Report for the March quarter.
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