Fixed rates might be cut further
Reserve Bank governor Alan Bollard will probably leave interest rates on hold tomorrow, but more banks are already cutting fixed-term mortgage rates, and they could go lower, economists say.
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New-Home Sales, Prices Decrease As Builders Lose Confidence Sales fell 1.6% in May while the median home price dropped 0.9% to $236,100. read more...
Market slowdown lowers real estate commissions "As a seller, you would want someone who has sold hundreds of homes and knows how to position your home competitively in the market" Real estate agents will collect
Hot prices for homes soar again A month after hitting the $204,500 mark for the first time, the area's median home price soared an additional $13,500 in April.via
Analysis - Abolition of NSW Vendor Tax to Push House Prices Down The scrapping of the unpopular vendor tax has key players in the NSW real estate sector licking their lips, although prospective sellers have been warned to expect falling house prices
Addict mums get chance of new life WHEN Annie was a little girl, she'd sit in front of television watching Carol Smillie and Handy Andy whizz around people's tatty houses helping transform them into perfect family homes.Commentread
Don't Wait to Review Minutes from Annual Meeting read more...