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Home ownership in record plunge

Tuesday, January 29, 2008
NEW YORK (CNNMoney.com) -- The housing and mortgage meltdown caused the biggest one-year drop in the rate of homeownership on record, according to government figures released Tuesday. The decline, while expected, is yet another indication of the housing market's sudden and dramatic turn. The Census Bureau report showed that home owners accounted for 67.8% of occupied homes in the fourt ... more

Interest rate hike has no lasting impact on property markets

Thursday, January 10, 2008
The Reserve Bank of Australia (RBA) has lifted the official cash rate by 25 basis points to 6.75% - an 11 year high following the strong inflation numbers in September. The widely anticipated rate hike will hit those who those repaying home loans as well as renters. Craig James, chief economist with CommSec says the rate hike will further delay recovery in home construction, keeping the ren ... more

The 6 key drivers of property prices

Wednesday, January 02, 2008
Learning to know what precedes property price increases can be challenging for any investor. What do the statistics really mean? Do they represent the factors that change prices in the property market? How do we use these primary sources? There are some well-recognised factors that drive the market. Seasoned investors should stay informed about two main economic conditions and four current ... more
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